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Kushner Backchannel Cools Markets
Show Notes
Five days, a backchannel, and a $580 million oil bet — did a single Truth Social post just jolt markets and reset the war playbook? Trump pauses strikes and dangles talks through Steve Witkoff and Jared Kushner, Tehran says “nope,” and prices swing. We unpack the optics, the leverage, and why the timing has Wall Street squinting, without telegraphing where this standoff lands.
Inside CPAC, the split is loud: Erik Prince warns of burning warships, Ric Grenell cheers the fight, Matt Gaetz slams a ground war. Outside, four-year-high gas, “No Kings” arrests, and a flipped Florida seat are turning up the heat. But here’s the twist, MAGA ID just hit a record and Trump is swiping at Tucker and Megyn, so intensity is rising even as breadth frays — a recipe for whiplash messaging and donor heartburn.
Featuring reporting from The Guardian and The Economist.
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