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Wall Street Is Reportedly Mocking Trump With A New 5-Letter Nickname

Considering how Trump freaked out when he learned the meaning of TACO, it’s likely that the president won’t like the new acronym either...

Bloomberg columnist Javier Blas claimed on X Wednesday that one business analyst is mocking the president’s handling of the Iran war by replacing TACO with NACHO. The acronym is more spicy than cheesy, as it bluntly stands for “Not A Chance Hormuz Opens,” a reference to Iran’s decision to restrict movement through the Strait of Hormuz, the narrow mouth of the Persian Gulf where 20% of all traded oil and natural gas normally passes.

We thought we were getting a TACO

"Trump Always Chickens Out"

But so far we are getting a NACHO

"Not A Chance Hormuz Opens"

(With appreciation to the trader who told me)

— Javier Blas (@JavierBlas) April 29, 2026

However, he can soothe any hurt feelings by remembering that Fox News host Griff Jenkins came up with a different, more positive-sounding but…