Markets have rebounded after Trump’s numerous retreats – even if he has bitten back against ‘chicken’ label
Trump Always Chickens Out – or Taco for short. Investors like narratives to explain the financial world, and they appear to have seized on this one: whenever Donald Trump faces a market backlash, he will back down.
It would be fair to say the US president did not take kindly to the suggestion he was being a “chicken” when asked by a reporter at the White House about the term that is gaining traction on Wall Street.
