TACO, the term that stands for "Trump Always Chickens Out," describes the market reaction to Trump repeatedly announcing heavy tariffs and later pausing them.
Short a bunch of stocks, announce they will drop sharply, they do, reinvest the money you just made by buying those very same stocks, announce they will rise sharply, they do, sell them, rinse and repeat. If a country offers a decent trade deal in the process of course that’s a nice bonus but this system works well for him as is.
Short a bunch of stocks, announce they will drop sharply, they do, reinvest the money you just made by buying those very same stocks, announce they will rise sharply, they do, sell them, rinse and repeat. If a country offers a decent trade deal in the process of course that’s a nice bonus but this system works well for him as is.