TACO Moment: Will Market Double As Trump Says?
Trump said the U.S. would not seize Greenland by force, easing geopolitical fears. Markets reacted fast: Gold and Silver pulled back, while U.S. equities rebounded. Trump later claimed stocks fell “because of Greenland,” adding that market declines “don’t matter” and that equities would eventually “double.” The swift reversal revived the familiar “TACO” narrative. Relief rally or more risk until the next policy headline hits? Which trade best captures Trump volatility now?