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Bigger Pic: The 'TACO' Trade - Trump’s Iran Ultimatum, Soaring Oil, & Market Whiplash
Published 5 months, 3 weeks ago
Description
As President Trump’s expletive-laden ultimatum to Iran sends oil prices soaring, Trackrecord Asia CIO Phan Vee Leung breaks down the broader market implications. He explores whether this geopolitical spike is just another Wall Street 'TACO' trade—the theory that Trump Always Chickens Out after peak volatility. He also analyses the paradox of drifting gold prices amidst the escalation.
Produced/Presented: Ryan Huang
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