TACO Thursday

Global markets bounce back after President Trump abandons his tariff threats against Europe in a return of what investors call the “Trump Always Chickens Out” (TACO) trade. Plus, the Supreme Court signals it won’t let him fire Fed governor Lisa Cook and investors shift back to earnings season with Intel on deck.

Today’s recommended read: Greenland storm barrels into 'hyper bull' market by Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi

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