Stocks are teetering on the edge of correction territory. Why the ‘TACO trade' could flop.

Core Viewpoint - The reliable trade on Wall Street regarding President Trump's tendency to "chicken out" may be disrupted by the ongoing conflict in Iran [1] Group 1 - The historical perception of President Trump as someone who avoids confrontation could be challenged by the current geopolitical tensions [1] - The Iran conflict introduces uncertainty that may affect market behaviors and trading strategies [1]