Trump tax on the US and the rest of the world

The Fed lowered interest rates three times since August last year, for the total of 0.75%. Nevertheless, because of Trump's stupid war and his overall incompetence the 10Y rate is back up where it was back then. The markets don't believe that the moron can open the strait and now, in addition to TACO, traders have a new term for that — "NACHO", No Chance Hormuz Opens.