06-02-2026 The “Mad World” of Oil
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All around us are familiar prices
Worn out paces, worn out peace deals
Scrimmages 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 World
These views are mine. Join TMSpotlight to see how madness changes rates.
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Song: Mad World (1983) Tears for Fears
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Les Parker, CMB Managing Director, Transformational Mortgage Solutions
Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities. Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content, Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.