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Deutsche Bank Upgrades U.S. Stock Rating On Trump’s Tariff ‘Relents’—As 'TACO’ Trump Gains Popularity

Strategists at Deutsche Bank upped their forecasts for the leading U.S. stock benchmark this week as their optimism largely came from the idea of Trump backing down from his biggest tariff threats, a notion gaining steam on Wall Street and in Washington, earning Trump an unfortunate nickname.

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