Robert Armstrong on coining the Taco trade

<p>President Donald Trump fired US attorney-general Pam Bondi, and private credit investors are requesting their money back from Blue Owl Capital at an alarming rate. Plus, the FT’s Robert Armstrong continues our series on Trump’s tariffs with analysis of the Taco trade theory a year later.&nbsp;</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/533ecec7-713f-46f1-a2a2-cbd9a659299f?accessToken=zwAAAZ3qIgttktP0MgFIPYFL0NOatgU6W63hiM9TPs7HcT9G8dOiosvZplkpnwE.MEUCIQCzzuaWxIbyDi6sYIJ8wVQRXNcBWi3pAsR1XwsuuwY_6gIgDR7fyOlGT9NOy2HEvaInnP5j6LVaf6ZDtJbx9P_lKPw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Donald Trump fires US attorney-general Pam Bondi</a></p><p><a href="https://www.ft.com/content/f4320148-3d81-4bd0-9ab6-053a5bade188?accessToken=zwAAAZ3qIgttktP0MgFIPYFL0NOatgU6W63hiM9TPs7HcT9G8dOiosvZplkpnwE.MEUCIQCzzuaWxIbyDi6sYIJ8wVQRXNcBWi3pAsR1XwsuuwY_6gIgDR7fyOlGT9NOy2HEvaInnP5j6LVaf6ZDtJbx9P_lKPw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Blue Owl struck by $5.4bn of redemption requests</a></p><p><a href="https://www.ft.com/content/e81ae481-fbb6-47e7-bd6b-c7d76ca5ab69?accessToken=zwAAAZ3qKasZkdPoGuSB-7ZH59O9a8fXbKWraQE.MEUCIAlDUe36t4n67ghsS-usDAHZz0Wofjdn8j-6rEc8pkh1AiEA2g2nob0BeHi_nevj9IJCA9iGxNptdOetvH7eLE7DLxU&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Taco trade theory and the US market’s …