It’s TACO time: World market themes for the week ahead

News Snapshot:

Uncertainty from Washington’s tariff tactics remains rife, but investors realize that whatever U.S. President Donald Trump threatens doesn’t tend to last long before he delays or backs down, meaning recent volatility has ebbed. This tendency to U-turn, dubbed the TACO trade - “Trump Always Chickens Out” - has caught on but it’s also given investors something to bank on so they can focus on upcoming reads on inflation and trade. Here’s a look at what’s coming up for world markets: TACOS FOR BREAKFAST The high-voltage volatility that shook markets in April and through May has subsided, with investors becoming accustomed...