Markets love a catchy name or phrase to succinctly explain a popular trade. We've had the Magnificent Seven, the TACO trade, and the Nifty 50. Now, say hello to the HALO trade. Investors have been rewarding certain areas of the market as they look for a safe haven from AI disruption and as the war in Iran creates fresh volatility. HALO stands for heavy assets, low obsolescence and describes companies that rely on substantial physical capital and durable economic relevance. Goldman flagged the