The TACO Trade and Its Political Implications

The article explains the concept of the 'Trump Collar,' a market strategy where investors hedge against short-term volatility caused by Trump's tariff rhetoric by using options, which results in a range-bound market influenced by political statements. It highlights how traders are reacting to Trump's trade actions, creating a pattern of market fluctuations, and discusses recent market movements, economic data, and geopolitical tensions affecting stocks and commodities.