The \'quite terrifying\' scenarios that finally spooked global markets For more than a year, traders have been pushing markets higher on the hopes of an AI-powered economic miracle and the notion of TACO \xe2\x80\x94 Trump Always Chickens Out "This is not just another geopolitical tremor: with traffic through the world\'s most critical chokepoint dropping to near zero, we believe investors are misinterpreting what they see as a brief delay in supply as a non-event." He\'s not alone