Move Over FAANG, Enter the TACO Trade: This Monster ETF Could Be Poised to Take Off
Wall Street is abuzz with the TACO trade right now.
Over the last couple of months, there has been one word largely dictating the direction of the stock market: tariffs.
For the first time in nearly two years, artificial intelligence seems to have been replaced by tariffs as the buzzword on every investor's lips following President Donald Trump's "Liberation Day" tariff announcements on April 2.
Since then, investors have been bombarded with a flurry of headlines and reports of negotiations with major trade partners such as the E.U. and China. Meanwhile, industry experts have tried to analyze the industries and product groups most vulnerable to the new tariffs.
