First TACO, now Trump Collar: Shocking new nickname of the President making waves in U.S — who coined it and why it matters
Charlie McElligott
, a strategist at Nomura, as per reports.
McElligott is known for using colorful, creative language in his financial analysis. A 'collar' in finance is a strategy that protects from big losses but also limits gains. Traders usually use this strategy when they believe something will do well in the long term but are worried about short-term risks, as per MarketWatch report.
McElligott says this idea fits with how the stock market reacts to Trump; it wants to go up, but gets shaken by Trump's random social media posts, especially on Truth Social. Basically, the 'Trump Collar' describes how Trump's actions and posts make the market nervous, even if the overall economy looks okay.
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In an email, McElligott said, 'You all know 'Art of the Deal' Trump and over the past month plus, the 'TACO'-kind but what it all adds up to now is the de facto '
Trump Collar
'', as per MarketWatch report.
He also called Trump the 'Status Quo Disruptor in Chief', meaning he's really good at shaking things up and making Wall Street unstable. The phrase 'Human VVIX era' McElligott used refers to how Trump's unpredictability is like a person causing
market volatility
, as stated in the reports.
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FAQs
Q1. What is the "Trump Collar"?
It's a new nickname showing how Trump's actions make markets shaky.
Q2. Who made up the term "Trump Collar"?
Charlie McElligott, a strategist at Nomura, coined it.
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