Hiltzik: Investors Recognize That ‘Trump Consistently Backs Down’
Hiltzik: Investors realize that ‘Trump always chickens out’ Stock market investors don’t have much to cheer about in the second Trump term, except perhaps for a new and almost flawless trading strategy — the TACO trade. The acronym, coined by Financial Times columnist Robert Armstrong, stands for “Trump Always Chickens Out.” (“Acronyms are very powerful, […]