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Top StoriesMarketWatch4h ago

Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?

For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.

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AI SUMMARY

# Investment Summary Investors' historically reliable strategy of buying market dips following Trump's Iran threats failed in September, breaking a six-month pattern that had consistently profited traders betting on de-escalation. The failure of this "TACO" trade (presumably referring to a specific market positioning strategy) signals potential shifts in geopolitical risk premiums and suggests traders may need to reassess their assumptions about Trump administration follow-through on Iran policy, with implications for energy prices, defense stocks, and broader market volatility.

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Content sourced from MarketWatch. Not financial advice.