garythe taco trade
The acronym, coined by Financial Times columnist Robert Armstrong, stands for "Trump Always Chickens Out." ("Acronyms are very powerful, especially when they remind people of foodstuffs," Armstrong told his colleague Katie Martin on an FT podcast.)
See how the TACO trade works? It's a two-step process: Buy the dip — the lowered prices following a Trump tariff announcement — and sell at the higher prices after Trump's inevitable chickening-out pushes stocks back up.