Trump's anger over the term "TACO" may bring more uncertainty to the market

Mars Finance News, on June 1st, within just a few weeks, "TACO" (Trump Always Chickens Out) quickly became a fixed topic of conversation on Wall Street, and Trump's reaction to "TACO" was remarkably intense. At Wednesday's White House press conference, when asked about this term, Trump angrily rebuked: "Never say what you just said. That was a vicious question... for me, that was the most vicious question." According to media reports, Trump was not only angry about the term itself but also dissatisfied that his team had not informed him in advance that this term was circulating in the market. An informed source revealed to the media: "What he cannot tolerate is that people think his tariff adjustments are a sign of weakness. 'TACO' clearly touches his core pain point - as a president who prides himself on being a tough negotiator, any suggestion of backing down is unacceptable." Notably, despite Trump's trade threats often causing market fluctuations, U.S. stocks have just completed their best May performance since 1997. This performance somewhat confirms the "TACO trade" - market participants have begun looking for rebound opportunities after Trump's trade threats. However, analysts warn that a Trump eager to prove he is not a coward might take a more hardline stance to maintain his self-esteem and image, which signals more uncertainty risks. (Wall Street Insight)