According to The Kobeissi Letter, the 'TACO' (Trump Always Chickens Out) trade is gaining traction on Wall Street, where traders buy stocks immediately after Trump's tariff announcements, anticipating a reversal or softening of his stance. This strategy reflects growing market confidence that such headlines present short-term buying opportunities rather than lasting volatility. For crypto traders, this pattern suggests reduced risk-off spillover into digital assets during U.S. tariff news cycles, potentially stabilizing Bitcoin and altcoin prices as equity markets absorb initial shocks. (Source: The Kobeissi Letter, May 28, 2025)