The “Trump Always Chickens Out” meme hatched on Wall Street, went viral in Washington, and now has its own Taco Tuesday ritual. Here’s how a joke became a litmus test for trade policy ...

Are stocks ignoring reality? Or gorging on empty calories of “TACO” (Trump Always Chickens Out) trading – or getting bloated from frothy meme stocks? Bears believe that since world stocks’ rally ...

First, it was the Trump trade; now it's TACO. The new meme, first floated by The Financial Times this month, is making the rounds on Wall Street as a blueprint for playing the stock market in 2025.

"TACO trade," which stands for "Trump always chickens out," was coined by Financial Times columnist Robert Armstrong but has since spread across Wall Street and the internet.

When a reporter asked him about the TACO meme on May 28, Trump called it a “ nasty question ” and said, "They’ll say oh, we was chicken. He was chicken. That’s unbelievable.