There is a new term in financial markets - “TACO trade”, where TACO stands for "Trump Always Chickens Out." FT commentator Robert Armstrong, who is credited with coining the term earlier this month wrote - "The recent rally has a lot to do with markets realizing that the U.S. administration does not have a very high tolerance for market and economic pressure, and will be quick to back off when tariffs cause pain." www.barrons.com/articles/taco-trump-trade-a2cf0bca 1/n