The Powers That Be: Daily Wall Street’s Iranomics
12 snips
Mar 25, 2026 
Bill Cohan, author and Wall Street journalist, explains how political remarks move markets and create trading opportunities. He traces sudden oil and commodity swings, spotlights traders who profit from rapid moves, and discusses bond-market signals and ripple effects on commodities and farmers.
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Trump's Taco Trade Moves Markets
- Donald Trump's offhand comments create predictable market swings that traders call the "taco trade."
- Traders position ahead of his statements to profit from sharp oil, equities, and commodities moves after his reversals.
Prestatement Trades Profited From Predictable Reversals
- Some traders made huge gains by placing bets that would only pay off if Trump reversed bearish rhetoric into conciliatory statements.
- Bill Cohan and others saw unusual pre-statement trades and later FT reporting of hundreds of millions gained.
Regulatory Gaps Enable Market Manipulation
- Cohan argues regulatory agencies appear neutered, enabling market manipulation with little consequence.
- He ties perceived lack of SEC and CFTC enforcement to unchecked insider-like gains tied to presidential statements.