Bob Elliott
· Nonconsensus
· June 12, 2026 at 11:10
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Summary
Markets have been exhibiting a repetitive pattern: stocks and bonds rally while forward oil prices drop sharply whenever Trump signals an Iran peace deal is imminent. This suggests a consensus trade that may present opportunities depending on whether the deal actually materializes or falls through.
•Stocks and bonds jump and oil falls in forward months each time Trump claims the Iran peace deal is close to completion.