Stagflation Needs a "Wonderwall" - Macro Market Update by Les Parker

6.22.26 Stagflation Needs a "Wonderwall"--------------------------And all the roads that Iran walks are winding.And all the lights that lead them there are blindingPrice action in currencies, commodities, and energy anticipates long-term safe passage through the Strait of Hormuz.Bonds like a sidelined Fed. But no one likes the inflation consequences of sustained Oil prices, and their drag on growth. Stagflation gains popularity.Expect an attack on 4.52 in the 10-year yield. Trump’s our WonderwallThese views are mine. Join TMSpotlight and discover your Wonderwall.-------------------------------Song: Wonderwall (1995) Oasis