Source: United States & Canada – South China Morning PostUS President Donald Trump pushed back Wednesday on a new acronym making the Wall Street rounds to describe a way to profit from his fitful negotiating style, Taco, short for “Trump always chickens out”.
Trump, who was evidently not aware of the term when asked about it in the Oval Office by a reporter, responded with equal parts sarcasm and indignation.
The Taco trade refers to an investment strategy that benefits from the rise in share prices after the US president relents.
“Oh, isn’t that…Read More