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Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?

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Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?

For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.

Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

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Source：https://www.marketwatch.com/story/wall-street-is-betting-trump-backs-down-on-iran-but-what-if-the-taco-trade-fails-this-time-53845c77