Archive - Apr 19, 2013
First Picture Of Captured Terror Suspect Released
Submitted by Tyler Durden on 04/19/2013 21:05 -0500Dzhokhar Tsarnaev Wounded In Serious Condition, Will Get "Public Safety" Exception To Miranda
Submitted by Tyler Durden on 04/19/2013 20:57 -0500The nightly developments continue as we learn next that Tsarnaev is in serious (or critical according to Bloomberg) condition in the hospital, with a gunshot wound to the neck and leg, and that perhaps just as importantly, he will not get his Miranda warning, instead the FBI is overruling due process and using the "public safety" exception instead.
Boston Police Press Conference
Submitted by Tyler Durden on 04/19/2013 20:33 -0500
Hear is straight from the horse's mouth
Please Don’t Kill Everyone Who “Looks Muslim” Just Because the Boston Terrorists Were Allegedly Muslim
Submitted by George Washington on 04/19/2013 20:14 -0500No, We Shouldn't Kill Everyone from a Particular Religion
Dzhokar Tsarnaev In Custody, Alive
Submitted by Tyler Durden on 04/19/2013 19:48 -0500Suspect in custody. Officers sweeping the area. Stand by for further info.
— Boston Police Dept. (@Boston_Police) April 20, 2013
Options Expiration Market Distortions
Submitted by David Fry on 04/19/2013 18:28 -0500With stocks short-term oversold it certainly wasn’t much of a surprise that options expiration Friday could manipulate volume and performance. Da Boyz in the options pits (mostly electronic now) were hunting down strike prices to exercise existing options as they can. It’s a technical event with an outcome that surely can mislead Main Street.
Police Surround House Where Dzhokar Tsarnaev Is Hiding - Live Feed And Police Scanner
Submitted by Tyler Durden on 04/19/2013 18:08 -0500BREAKING: Source says bomb suspect pinned down in Watertown
— The Boston Globe (@BostonGlobe) April 19, 2013
Guest Post: Is Cyber War The New Cold War?
Submitted by Tyler Durden on 04/19/2013 17:49 -0500
Cyberspace matters. We know this because governments and militaries around the world are scrambling to control the digital space even as they slash defense spending in other areas, rapidly building up cyber forces with which to defend their own virtual territories and attack those of their rivals. But we do not yet know how much cyberspace matters, at least in security terms. Is it merely warfare’s new periphery, the theatre for a 21st century Cold War that will be waged unseen, and with practically no real-world consequences? Or is it emerging as the most important battle-space of the information age, the critical domain in which future wars will be won and lost? China and the U.S. have both said that they would like to see a rules-based cyberspace, but they do not see eye to eye on how those rules should be established. A costly and potentially dangerous Cyber Cold War awaits if they cannot do better, and agree on some rules of engagement for their rapidly expanding online forces.
A Potential "Boston Bomber" Getaway Car?
Submitted by Tyler Durden on 04/19/2013 17:10 -0500
It was reported previously that police were on the hunt for a Honda CRV, allegedly a car belonging to a potential Boston suspect. Shortly thereafter the car was found, but not the suspect. However, we wonder if the Boston police and the Feds, still looking for Dzhokhar Tsarnaev, who by now has likely left the immediate crime scene, are aware that the suspect had what appears to be another car, a new, black Chevrolet Camaro, Mass license plate 649VC8, one which we have found on the suspect's twitter stream about he was boasting as recently as March 15th, and which we have not seen mentioned in either the mainstream or fringe press yet.
John Hussman: The Importance Of Understanding The Tenuous Equilibria Of The Markets
Submitted by Tyler Durden on 04/19/2013 16:39 -0500
Our financial markets actually have a natural equilibrium state that is far removed from where they are today. But interfering monetary policy (e.g. QE) and delusional fiscal policy have pulled the system away from its authentic state, to the point now where the forces to correct are placing growing strain on the status quo. As the system seeks to return to where it should naturally be, the yields that the Fed is so desperately trying to engineer are going to become less in size and number. Investors need to realize that much of the "growth" the Fed is trying to return to was manufactured and unnatural. We are returning to a lower-growth environment, whether we want to or not.
Boston Bomber Tweeting In August 2012: "Boston Marathon Isn't A Good Place To Smoke"
Submitted by Tyler Durden on 04/19/2013 15:57 -0500@therealabdul_ boston marathon isn't a good place to smoke tho
— Jahar (@J_tsar) August 10, 2012
The Week That Was: April 15th-19th 2013
Submitted by Tyler Durden on 04/19/2013 15:53 -0500
Succinctly summarizing the positive and negative news, data, and market events of the week...
US Equities Slump To Worst Week In 5 Months
Submitted by Tyler Durden on 04/19/2013 15:23 -0500
This week saw the largest plunge in US macro data in 11 weeks pushing us back towards the lowest levels since August. Fundamentals (macro and also micro- earnings) did have some impact - with stocks having their worst week in 5 months (but the S&P managed to bounce off its 50DMA) and despite carnage in its largest components, the Dow gained 10 points (of which -150 points were from IBM, GE, and MCD). Today saw a small recovery bounce amid low volumes driven by JPY weakness (testing back up toward 100 post G-20 silliness) and VIX compression as macro overlays were lifted and positions reduced. Gold gained on the day but silver lagged ending the week -5.5% and -11% respectively, with the USD gaining 0.77% on the week (as JPY weakened almost 400 pips off its Monday night highs). Treasuries traded in a 4-6bps range all week (and flow was quiet) but the long-end ended lower in yield by 2-4bps.
Fed Governor Stein Warns When A TBTF Bank Fails, Depositors Will Be Cyprus'ed
Submitted by Tyler Durden on 04/19/2013 14:50 -0500"Perhaps more to the point for TBTF, if a SIFI does fail I have little doubt that private investors will in fact bear the losses--even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution. And as a member of the Board, I am committed to following both the letter and the spirit of the law."
Gold Doesn't Pay a Dividend... But It Doesn't Commit Fraud, Steal Depositor Funds, Lie Under Oath, etc.
Submitted by Phoenix Capital Research on 04/19/2013 14:31 -0500
Gold doesn’t blow stock bubbles. It doesn’t manipulate data. Gold doesn’t control interest rates to benefit the big banks at the expense of everyone else. Gold doesn’t lie under oath, nor does it channel the public’s money into foreign banks.






