Global Markets Putting Their Faith in TACO Trade -- Market Talk

Dow Jones
01/20

0607 GMT - There's an argument that global markets should have responded more adversely to growing geopolitical tensions over Greenland's sovereignty, but traders have been particularly sanguine to risks in general, says Jonathan Kearns, chief economist at Challenger. Markets seem to be putting their faith in TACO--or betting that Trump always chickens out--and that other world leaders will do what they can to avoid the realization of risks, he adds. The risk of higher trade barriers including being applied to service firms such as big U.S. tech means there could be a significant market impact just around the corner, Kearns says. (james.glynn@wsj.com; @JamesGlynnWSJ)

 

(END) Dow Jones Newswires

January 20, 2026 01:07 ET (06:07 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10