Iran's Parliament Speaker Mohammad Bagher Ghalibaf has criticized former President Trump's market influence, labeling his pre-market announcements as "reverse indicators" and advising traders to take the opposite side of his energy moves. This comes as the TACO (Trump Always Chickens Out) trade strategy, which relied on buying Trump-induced market dips, falters amid heightened geopolitical tensions. The TACO trade, once a reliable strategy during tariff disputes, has broken down following Trump's extension of a deadline to strike Iranian energy infrastructure. The anticipated market relief rally failed to materialize, leading to increased skepticism among investors. Barclays strategist Emmanuel Cau noted that Trump's inconsistent actions have eroded market confidence, with investors now viewing delays as tactical pauses rather than paths to peace. Ghalibaf, a former IRGC commander, further warned that U.S. Treasury bonds could become military targets, adding geopolitical risk to fiscal concerns. The U.S. 10-year Treasury yield has risen to 4.46%, nearing levels that previously forced Trump to pause tariffs. As geopolitical tensions persist, the market faces a structural shift, with the geopolitical premium becoming a permanent feature rather than a temporary spike.