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The exciting, if brief, life in the wild by the untethered JLENS blimp has come to a crashing halt. Moments ago, Norad told AP reported that the blimp is "on the ground and secure."

In a day in which the walking dead were on the verge of going green (Twitter nearly wiped out its entire loss following last night's earnings), there was some hope that momo stocks would finally make a come back. Alas, for the company which we first dubbed "camera on a stick" it was just not meant to be.

Moments ago something even more disturbing than the Fed statement took place when a blimp used by NORAD in its surveillance of the east coast has become untethered from its mooring in Maryland and it's now flying somewhere over Pennsylvania, according to NORAD spokesman Lt. Joe Mavrocki.

Following last night's API reported 4 million barrel inventory build (against 3.75mm bbl expectations) and Cushing draw, DOE confirms a build (but smaller, at 3.38 million barrels) and Cushing saw a draw of 785k barrels (th elargest in 4 weeks). Crude reactiopn was to extnd gains from the earlier knee-jerk and break back above $45, even as crude production rose.

Gold will also be vulnerable towards the end of an interest rate tightening cycle as was the case in January 1980. Today, central banks including the Fed  are having difficulty raising interest rates in even a small nominal way.

While we await the full Twitter slidedeck presentation, here are the key results as they come in.

The head of the UN Human Rights Council is at it again, although this time it appears Saudi warplanes spared the Yemeni wedding parties in favor of a Medecins Sans Frontieres hospital that was completely destroyed along with all of the equipment and supplies inside around 11:30 PM local time. This is latest in a string of "mistakes" and the second tragedy to strike an MSF facility in the last 30 days.

In the event of a systemic European banking crisis, however, laws could be changed at the stroke of a pen and “bail-in” mechanisms could become fully operational. Also, the comforting guarantee of €100,000 ($100,000 or £80,000) would likely be reduced in such a crisis.

It is obvious that the Healthcare Industry in the US is in need of some major overhaul, and I am not talking about a politically expedient solution as was the latest undertaking by the Obama administration.

Watch out for a snowball-effect in the Treasury market...

How governments all around the world resort to absurd marketing to finance largesse