Why market pros think Trump's latest Iran-war turnaround won't be a TACO trade moment

1 day ago 2

Rommie Analytics

Don't count on the TACO trade this time around.President Donald Trump reignited investors' hopes that there's a simple off-ramp for the US from the conflict in the Middle East, sending stocks surging and oil prices tumbling on Monday.TACO, shorthand for Trump Always Chickens Out, proved to be a reliable way to navigate the president's trade-war threats, but real war is different.Here's why market pros think that Trump's cooler Iran rhetoric on Monday isn't a TACO moment.
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