Wall Street Traders Troll Trump With a New Nickname

    https://www.thedailybeast.com/wall-street-traders-troll-trump-with-a-new-nickname/

    Posted by thedailybeast

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    1. thedailybeast on

      The president’s handling of the Iran war has earned him a humiliating new nickname among Wall Street traders who are questioning his ability to reopen a critical global oil route.

      Traders have adopted the term “NACHO,” an acronym for “Not A Chance Hormuz Opens,” according to Bloomberg columnist Javier Blas, who reported Wednesday that a trader disclosed the nickname. It’s a reference to the Strait of Hormuz, a vital waterway through which about a fifth of global oil supplies normally flow.

      Read the full story, [here](https://www.thedailybeast.com/wall-street-traders-troll-trump-with-a-new-nickname/).

    2. All Iran needs to do is survive until the midterms.. and then things will get much easier for them. The Dems will put a check on 47’s war powers, and likely make an effort to return to the JCPOA.
      Therefore to gain any notable victory, the US needs to commit to the invasion: send in the troops, take over the country and occupy the ~50 miles where the Strait is the narrowest. It will be hard and dangerous, but it’s what needs to be done. If the US can make enough progress by November, the war may gain more acceptability. If not, come fall, the offensive will be called off, and this conflict will look like a stalemate at best. Imagine, a relatively small Mideast country was able to fend off the world’s greatest global and regional military powers. Amazing strategic victory unless more definitive action is taken. Thank you for your attention to this matter !

    3. Equivalent-Excuse-80 on

      Nicknames are hilarious! It’s so funny to laugh at the economic ramifications that will literally kill people.

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