Economist warns Wall Street of big mistake over Trump
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3hon MSN
Enthusiasm for McDonald’s resurrection of the fan favorite Snack Wrap made it all the way to Wall Street, as shares of McDonald’s rose after one prominent firm upgraded its rating for the fast food giant.
Trump said that about “10 or 12” tariff letters would go out Friday, with additional letters coming “over the next few days.”
As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.
President Donald Trump didn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind TACO trade.
It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again. Most credit Financial Times commentator Robert Armstrong for coining the term.
‘TACO’: Wall Street traders have a coded diss that means they’re betting against Trump. Wall Street investors have picked up on the president’s pattern of backing down from his trade war ...