a lot of bank stocks, like bank of america, took a tumble yesterday as internationally, everyone is still waiting on the financial state of greece to resolve itself — or not. today, we hear the state of unemployment, and it’s still very much the same with some glimmers of improvement.  but eknme doesn’t think that will be sufficient to bust the u.s. economy out of its slow and awkward slumber quite yet. the stock market’s bubble isn’t quite ready to burst quite yet.  eknme thinks the stock market may be able to escape bursting as soon as a presidential election occurs.  with the presidential election, the market should get a boost on its own and ideally, with new policies in place, the market should rebound and not burst.

on a second note, bananas are now infected with a new strain of fungus that has already invaded australia and could potentially wipe out crops of bananas in latin america and other countries.  this would increase prices of bananas and increase inflation once again.  the u.s. has been having a lot of problems with its food supply since the 2000s from all appearances.  first came beef and chicken, then came grapes and strawberries, and now this.  something is not right in the agriculture world.

now to our morning coffee…