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The Nexus
BUSINESSMay 9 · 13:00 UTCMARKETWATCHJoseph Adinolfi

Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation

Wall Street is betting on higher oil prices and persistent inflation with a new trade called 'NACHO'. This trade is inspired by Mexican cuisine and represents another acronym on Wall Street. The trade indicates a growing interest in commodities.

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