from Jesse’s Café Américain:

“Man has places in his heart which do not yet exist, and into them enters suffering, in order that they may have life.”

Léon Bloy

There was a stock option expiration for June on this Friday past as noted on the option calendar below.

There will be a Comex option expiration for the precious metals on June 27th which is the Tuesday after next.

The economic news still indicates an economy that is faltering on the edge of a sustainable recovery. The biggest problem is still the lack of real income (wage) growth among the breadth of the participants in the real economy.

I am afraid that the deck is still stacked pretty much against the 99% because of financial, regulatory, and political distortions in favor of the wealthiest few at the expense of the many.

Next week is a bit light on economic news. That calendar is also included below as well as the results of economic announcements for this week past.

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