As Iran War Rattles Markets, JP Morgan Tells Investors To Look Beyond TACO Trade— Says This Asset Class Could Be The Real Winner - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Vanguard S&P 500 ETF (ARCA:

As the Iran conflict unfolds, Wall Street remains cautiously optimistic that it could end within about a month, aligning with President Donald Trump's projected timeline for resolving the crisis, said J.P. Morgan.According to the bank, Wall Street is currently banking on the “TACO” trade, an acronym for “Trump Always Chickens Out”. This strategy has proven successful in the past, particularly with Trump’s often-reversed aggressive foreign policy on tariffs. Some investors see the Iran conflict as a potentia ...