TACO trade collapse seen driving crude to $150, roiling equities

Investors are abandoning the 'TACO trade'—a macro positioning strategy—after a key premise failed, prompting expectations that crude oil could rally to $150 per barrel. The unwinding is injecting volatility into oil and equity markets as positioning shifts. The exact trigger for the collapse is unspecified, and the $150 call is a forecast, not a current price.