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

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.

HuffPost reached out to the White House for comment, but no one immediately responded.

However, he can soothe any hurt feelings by remembering that Fox News host Griff Jenkins came up with a different, more positive-sounding but definitely cheesy NACHO acronym earlier this month: “Never Avoids Confronting Hard Obstacles.”

HuffPost reached out to Jenkins for his reaction to the new NACHO definition, but no one immediately responded.

But there were a few spicy reactions to the definition posted by Blas.