“Financial analysts move to counter Trump’s Middle East war uncertainty with ‘TACO’ index”
“Can US President Donald Trump’s thought process be summed up in a mathematical equation?”“Financial markets have been searching for a formula to help predict the erratic US president’s next move during periods of major political upheaval, and may have hit upon a result.”
“Analysts from Germany’s Deutsche Bank have published the “TACO stress index” as a measure of anticipating when Trump might change his mind, financial media reported on Wednesday.”
“The "TACO" theory suggests that Trump systematically reverses his major policy decisions – such as imposing hefty tariffs on other countries – as soon as the consequences become too negative.”
“With investors increasingly "Lost in Trumplation", the "TACO" index aims to impose something that's rational on what may otherwise be irrational-looking behavior”
“The "TACO" index uses four factors to measure negative impacts and evaluate the probability that Trump will change his opinion.”
“These are: one-year inflation expectations, changes in Trump’s approval ratings in the month prior, the performance of the stock market, and the evolution of US Treasury yields”
Financial analysts move to counter Trump’s Middle East war uncertainty with ‘TACO’ index
Faced with financial instability caused by the US President Donald Trump’s unpredictable policy changes, analysts have created the “TACO” index — based on the premise that Trump Always Chickens Out –…
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Use to be a time when Americans and the world looked to the President as a reliable and steadfast voice in the world not one who was wish washing depending on how events effected his poll numbers and business profits