For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
This article was originally published by
MarketWatch
and is republished here under license.
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