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The TACO trade is still the market’s expectations,” said Ed Mills, Washington policy analyst at Raymond James. Yet there could be a flaw in Wall Street’s TACO trade logic.
Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new ...
ANALYSIS: Why did the EU trade deal fall flat on Wall Street? One expert says ‘markets have taken TACO a bit too seriously’ ...
President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are ...
Discover the impact of looming tariff risks on global trade and the psychology driving the Trump TACO Trade and how partners ...
Goldman Sachs posted the largest quarterly stock-trading bonanza in its history, as banks across Wall Street bagged fat ...
Tariffs are coming on August 1 and there will be no more extensions, according to Donald Trump’s Commerce Secretary Howard Lutnick. Trump imposed his “Liberation Day” tariffs in April, causing a ...
Wall Street was expecting a TACO Tuesday. ... The Trump administration has been negotiating with top trade partners since the president put his “Liberation Day” tariffs on a 90-day pause.
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a ...
The Washington Post reported that U.S. stocks fell Friday after Trump threatened Canada with 35 percent tariffs, although a ...
President Donald Trump is threatening to revive his trade war. Wall Street isn’t too concerned. Global markets were relatively calm Tuesday after Trump on Monday ratcheted up his tariff campaign — but ...