
Wall Street Investors Mock Trump With A Brutal 4-Letter Code Word
HuffPost
Some investors are betting against Trump -- and they've developed a tasty term for the move.
Wall Street investors have cooked up a new term for betting against President Donald Trump ― and some have used it to score big gains at a time when the markets are behaving erratically due to the president’s on-again, off-again tariffs.
It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again.
Most credit Financial Times commentator Robert Armstrong for coining the term.
The New York Times noted that it happened again in recent days, with Trump’s announcement of 50% tariffs on Europe causing major indexes to sink on Friday.
But on Sunday he announced that he would delay those tariffs amid a new round of trade talks ― leading to major gains when the markets reopened on Tuesday.













