Show notes:
TMSpotlight:
03-31-2026 Stagflation Needs a “Wonderwall”
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And all the roads that Iran walks are winding.
And all the lights that lead them there are blinding
Price 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. However, a drop in May Crude Oil to 90 pushes the bears back into the 4.40-4.10 range.
Trump’s our Wonderwall
These views are mine. Join TMSpotlight and discover your Wonderwall.
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Song: Wonderwall (1995) Oasis
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.