Wall Street pros have learned to capitalise on Trump’s tendency to reverse himself. Analysts call this gamble ‘TACO’ trade, which stands for Trump Always Chickens Out.
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
The S&P 500 closed in negative territory, and megacap momentum stocks dragged the tech-heavy Nasdaq down more than 1%, while defensive stocks helped keep the Dow modestly green.
Private-equity billionaire Leon Black is fighting to defend his reputation after a former model, who’s about 30 years younger than the father of four, accused him of assaulting her.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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