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Now I understand why Trump is a Taco. :P
Snippet from a Financial Times article: "How to make sense of stocks rallying, spreads tightening and gold falling—while oil and yields are telling you that the growth outlook continues to get worse? Regular readers will not be surprised by Unhedged's view that the recent rally has a lot to do with markets realising that the US administration does not have a very high tolerance for market and economic pressure, and will be quick to back off when tariffs cause pain. This is the Taco theory: TRUMP ALWAYS CHICKENS OUT. But why doesn't that translate to resurgent growth hopes, higher yields and more expensive oil?"
Edited photo of Trump holding a taco
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