TACO 2.0 – US tech led the gains [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

The US President spoke at Davos yesterday, and Greenland remarks didn’t spark the chaos many expected. Markets shrugged and bounced — a classic example of “TACO trade”.

US tech led the gains, with Nvidia jumping after CEO Jensen Huang said scaling AI infrastructure will take trillions in investment. Disco Corp surged, and South Korea’s Kospi hit fresh highs. Gold dipped slightly but remained firm, showing that skepticism is still alive.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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