The financial market is not just a venue of numerical game, but also alphabet game. We have CPI, PPI, KPI (Key Performance Indicator), and the latest word play is TACO —– Trump Always Chicken Out. Don’t think it is just an internet phrase, it is already collected into the Wkipedia.
https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out
This term was first used by Financial Times to describe the tariff policy of Trump. As everyone knows that he first wide open his lion mouth as IBM (International Big Mouth) even close friends like EU is still under great threat and the EU president also fight back with as BMW (Big Mouth Woman). This is just a threat, at length he automatically cut down all terms and tariff.
Trump of course would not agree with such a nasty term and said it is called negotiation. But investor must know that Financial Times has already upgrade this as “TACO Theory”. We can see during the recent incident of Harvard University and international students, the coverage is wider and wider and may spread to other universities and all other international students of whole America, not just a single university or Ivy League. But what will be the Final Curtain?
Watch Out! May be this is also part of TACO, that is may fade out automatically or the magnitude will shrink greatly in a short time. But it is hard to say when and how. Investors should keep their pace with time and know what is happening latest in the market. Above all, not to be so emotional and sensational, financial market is a place of money game and not on who is kneeing down and who is standing up. A pair of sharp eyes should stick to KPI (Key Performance Indicator). Remember the policies of Trump need to up-date, up-hour, up-minute and up-second……
The U.S. dollar has weakened, but the U.S. stock market has gradually stabilized. The market may enter a rare situation where both gold and silver stocks are booming, and the negative impact of tariffs will only emerge later.