The "Mad World" of Oil - Macro Market Update by Les Parker

06-02-2026 The "Mad World" of Oil-----------------All around us are familiar pricesWorn out paces, worn out peace dealsScrimmages contrast the anticipation of Oil flows resuming. Sluggish growth and stubborn inflation result in narrow trading.July Crude Oil is following our script, reaching the mid-80s. As a result, the 10-year yield is building value below 4.50. When Oil reaches the low 80s, look for the Bond bulls to return, pushing mortgage rates back below 6.20.Mad World, Fed World, Iranian Oil World, Mad WorldThese views are mine. Join TMSpotlight to see how madness changes rates. Dave says: Go to our show notes to sign up for TMSpotlight with your email.-----------------Song: Mad World (1983) Tears for Fears