2 hours ago
15
TACO trade: Investors banking connected Trump not pursuing done connected his threats - CBS News
Watch CBS News
The Dow surged much than 1,000 points connected Wednesday aft President Trump backed disconnected his menace to onslaught Iran and agreed to a two-week ceasefire. Robert Armstrong, U.S. fiscal commentator for the Financial Times, antecedently coined the operation "TACO trade," with TACO lasting for "Trump ever chickens out," to encapsulate however investors bargain debased and merchantability precocious arsenic markets respond to the president's threats and eventual deficiency of action. Armstrong joined CBS News to discuss.
English (US) ·