MarketWatch
US · 3 hrs ago
✦ 75◉ Centre
Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
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Wall Street traders are using a trading strategy nicknamed 'NACHO' that bets on higher oil prices and persistent inflation. The strategy is named using an acronym, following the trend of market strategies being given food-inspired names.
Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
Wall Street is glomming on to yet another acronym inspired in part by Mexican cuisine.
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