Drudge Retort: The Other Side of the News
Wednesday, May 06, 2026

Oil prices have plunged on on reports that the US and Iran are nearing a peace deal, a development that paid off big for traders that happened to be shorting crude just ahead of the news.

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Even the bankers know it.

Former JPMorgan quant head Marko Kolanovic reacted to oil price moves on the Axios report, saying "Who knows what happens next in blatantly manipulated markets."

#1 | Posted by jpw at 2026-05-06 07:59 PM | Reply | Newsworthy 1

Especially the bankers knew it... this has become the, "Open corruption, so what?" Administration.

Thanks again, Trumpers!

#2 | Posted by Corky at 2026-05-06 08:09 PM | Reply

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