Why the TACO Trade Matters — ft. Robert Armstrong

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 5 June 2025

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed discuss Trump’s move to double tariffs on steel and aluminum, the administration’s decision to enlist Palantir to streamline federal data sharing, and Meta’s plan to launch AI-powered ad creation tools. Then, Robert Armstrong, U.S. financial commentator for the Financial Times, returns to the show to share how he coined the term “TACO trade,” what he makes of its viral moment, and the potential ripple effects it could have. He also highlights an overlooked element of the “big beautiful bill” and discusses whether we can grow our way out of the deficit. Take a survey to let us know what you think about the show Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth" out now Subscribe to No Mercy / No Malice Follow Scott on InstagramFollow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0:00.0	Support for the show comes from LPL Financial. What if you could take that dream vacation or take that idea and go start that business? What if you could grow your career or your company? When it comes to your finances, your business, your future, LPL Financial believes the only question should be what if you could. Visit LPL.com to learn more. LPL Financial, FINRA SIPC, no strategy assures success or protects
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2:17.2	Do kids your age go to the Hamptons, or do you just play shuffleboard and go on us or something like that?
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	...

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