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TACO Trade: US Stock Market Has A New Acronym To Rally Behind. Here's What It Means
The term "TACO trade" - standing for "Trump Always Chickens Out" - has emerged as investors recognize a pattern of President Trump announcing steep tariffs and then retreating, causing markets to dip and then rebound.
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Yum's China Rebound Dimmed by India, Pizza Hut Weakness
Yum Brands Inc. on Wednesday said its KFC business bounced back in China, its No. 1 market, but its stock fell more than 2 per cent in extended-hours trading on disappointing quarterly results from its India, Taco Bell and Pizza Hut divisions.
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TACO Trade: US Stock Market Has A New Acronym To Rally Behind. Here's What It Means
The term "TACO trade" - standing for "Trump Always Chickens Out" - has emerged as investors recognize a pattern of President Trump announcing steep tariffs and then retreating, causing markets to dip and then rebound.
-
Yum's China Rebound Dimmed by India, Pizza Hut Weakness
Yum Brands Inc. on Wednesday said its KFC business bounced back in China, its No. 1 market, but its stock fell more than 2 per cent in extended-hours trading on disappointing quarterly results from its India, Taco Bell and Pizza Hut divisions.
