President Trump’s backpedalling on China in early May enabled investors to adopt the view that a general 10% tariff (and possibly some regionals) could be as bad as it gets. In fact, markets have become so sanguine to Trump’s tweets that we’re now all familiar with the latest acronym, the “TACO” trade, which presumably is something that bugs the U.S. President and emboldens traders to boost risk exposure any time another “text bomb” catalyzes a dip in markets.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.