-Weak GE, IBM Earnings Weigh on the DJIA, Google pumps Nasdaq
-Boston False Flag forced to Switch Narrative and Hollywood/Mossad Outcome from ‘White Conservative’ bombers to Muslim /Russian patsies. Boston under Martial Law. Media Cordoned off to prevent reporting. NWO Hate hoax roles on. One subject cornered, one subject died in police custody.
-Ghana has to recall 110 million Chinacom Condoms due to leaks and breakage
-Fitch downgrades Britain one notch to ‘AA+’
-Hagel/Dempsey warn on Syria War
-Moscow Exchange to start Gold Exchange and Gold ETF
-World Gold Council says fall in the gold price was “triggered by speculative traders operating in the futures markets”
-Jew provides Key ID of Boston Bombers for the FBI-Bloomberg Jew News Reports
-Shoot out (fake?) At the MIT Okay Coral and Around Waterton, One ‘bomber’ reportedly capture by brave Coppers.
-Reuters “regrets” obituary error: Soros is “alive and well” (Bummer)
-’Manhunt” for Boston Bombers focuses on Two Suspects -FBI
-FED balance sheet expands by $67.3 bln w/w to new record of $3.295 Tln
-G20 endorses latest BOJ policy actions as Yen decline helps recovery in equities
First lets dispatch the media hype on the Boston Massacre bombers. The media/CIA/Mossad/MI6 were clearly forced to change the narrative by the Indy Meda exposure of the navy seals, thanks to infowars.com, knowing with such exposure they could not sell a European-American Christian blowing up European American Christians. Incredulously there was one Jewish victim of the bombing, and an MIT student, and he was the one that made a positive ID to the FBI, where Bloomberg News happened to be right at the spot to report its exclusive story. And I know many PHDs from MIT and many Jewish MIT engineers and not a one would stand around and watch some guy drop a bag off then walk away from it and watch it get blown up like this Jew said he did, and this person was hardly injured ex flesh wounds. American Jews are just as paranoid as Israeli Jews over unattended packages and I have had many discussions with Jews from MIT over chess games over the years. So the Bloomberg/FBI story line gets the big thumbs down. Second of all Chechnya is the underbelly of Russia and the ZGR has well documented City of London Jews, not the CIA, and people dedicated to destroying Putin are funding all that Muslim insurgency. The Mossad runs Georgia, Stalin’s homeland, from whence they cross the border into Russia. Americans tried to roll in but Putin rolled the nukes to back them off. Next the level of press censorship and martial law and the fact that Reuters/English press are again more on top of the narrative than the Boston Globe tells me we can’t believe anything the USA authorities tells us. The ZGR caught the FBI asleep in their beds indicating the black op boys are running the show. These kids hardly look like killers although given they speak Arabic, which only hardliners in Chechnya tend to do, it could be they are true believers in the Koran and jihad, but I worked around those types for years and these kids don’t have that glazed demonic look look of the programmed Jihadist. All we can do is pray the truth comes out. David Rockefeller and the CFR boys (Madelaine Albright, Kissinger, Cheney) who are in London, think they are in control of this outcome but they are not. Certainly Americans needs to stand up and tell the MSM and the USA feds we don’t buy their MSM propaganda, with all that security and all those bomb sniffing dogs that at the very least the Feds and military are complicit in this terror operation which has the classic hallmarks of a false flag to advance London’s agenda to capture the USA in a nation wide martial law like Boston is currently. I don’t think the Prince Charles gang, and its gaggle of Jews, Albright, Kissinger, Rockefeller, Cheney , etc chose Patriot day and Boston to launch their soft war against the American republic by chance, do you? Pray Prince Charles is brought like lightening to the ground for his crimes. He is likely the master mind of this operative given the very British overtones to historical British over throws in Russia, India, China, etc. Charles is a professional military man and technically head of the British military. He well knows the tricks of the trade as his ancestor Edward the 7 th was master of them all.
Officials are gathered in Washington DC for the second day of the World Bank/IMF spring meetings. Japan has been a central focus, and the emerging theme is that Japn gets a pass on its extraordinary easing campaign for now. German Finance Minister Schaeuble warned that Japan’s policies are permissible only if they are temporary. Bundesbank President Weidmann emphasized that his remarks from earlier in the week to the WSJ had been misinterpreted and were not meant to signal a change in his position. Weidmann essentially tossed in the towel and rate cut at the ECB is fait accompli and Schauble was used to play the bad cop and talk tough and talk the Euro up. Fitch downgraded the UK today, which bolstered the Euro, and $. A bit of schadenfreude for the Germans after London’s relentless rumors this week of a France/Germany downgrade. The Italians are heading for June Election I expect.
Summarizing the action today, GE/IBM are preventing the Dow from launching like GOOG is boosting the NAS.
GE , MCD, and IBM results if you drilled down were truly awful. Without the Mortgage/Banking business the Jew Immelt that runs GE for the English crown, GE would have been in a world of hurt, along with his selling the last vestiges of their media empire to boost the bottom line on a one-off. The Queen has the BBC after all, and little Billy Gates is doing such a fine job murdering the third world he deserved a royal promotion. McDonald’s managed to eke out a higher Q1 profit even as global comp sales turned negative for the first time in a decade. The company also warned that sales for April are expected to fall slightly. When MCD sales are declining in the USA even as they hike food prices you know the USA working class is in world of hurt. The underlying USE is rotten to the core and IBM, GE and MCD exposed the MSM lies if you actually read the 10q and ignored the MSM.
Google’s earnings were ahead of expectations, paid clicks saw another big double-digit gain and cost per click fell. Revenue at Motorola fell sequentially, but executives time talking about their big pipeline of new products, including mobile hardware built by Motorola. Shares of GOOG were up 2+% ahead of this report,, double the NAS.
Shares of specialty chemicals name Celanese are up 10++% . The firm blew out earnings expectations, saw very strong y/y profit growth on an adjusted basis and reiterated their strong FY13 outlook.
IBD favorite Chipotle Mexican Grill is up 30% after the firm strongly outperformed the consensus EPS, on double-digit y/y profit and revenue growth. The strong performance has earned CMG multiple analyst upgrades and price target hikes.
In gold the WGC said the price fall was the work of ‘speculators’ . They reported Dubai was out of physical. Perhaps harkening to the day the English fraud of the LBMA is no more and following Singpore, the Moscow Exchange announced it would compete with London and open a physical exchange and offer Gold ETFs. Russia has a perennial inflation problem. I think Max Keisers story line that the LBMA is going to fail soon is nonsense and more City of London disinformation . We have Bill Gross and his massive Greenspan advised trillion dollar PIMCO fund out pushing TIPS and bashing gold. London is always stealing OPG (other peoples gold), it is what the English do as a nation they, cheat, steal , and lie. They gave us the original Skull and Bones flag which the British Navy was all to proud to hoist at times. These are the people that have the never to fly the Cross of Christ upside down on their flag. Excuse the pun by the English make no bones about being pirates and a satanic people. Jews as Belloc the French-English elite told us, are merely agents of the English empire. England’s crown is considered to be the ‘real’ crown of King David by these Royal Anglosaxon -Jew cultists.
Recall the ZGR reported the ABN Amro’s 1000 dollar gold target earlier this week, and prior we had reported they were having difficulty with gold delivery. Looks like they defaulted. Hence the downgrade. Dutch Crown owned bank. Thus we know why the Eurotrash and their stooges in the USA like Bill Gross (he works for the German-Jews) have been bashing gold. It’s always about the Anglo-Zionist banksters and their short of gold positions is it not?
1:5r5 p.m. EDT 04/19/13Major Stock Indexes
-I don’t think we will hear formally out of the G20 until after the market, and Bloomberg slipped us the draft and Japan and Lew confirmed easy money policies last night. I have enough notes to write the summary so shall have at it. I need to get the very heavy ZGR monkey off my back by 12oo EDT or will have to give it up. I simply don’t have the time to put up newslinks, which take an amazing amount of time to post on this text editor.
- It might be a good idea to have banks pay an up-front fee so they can receive government emergency loans during turbulent financial conditions, said Federal Reserve Governor Jeremy Stein on Friday. In a speech at a Richmond Fed conference on credit markets, Stein said that the program might be a useful safety valve during a crisis and also could help mitigate any possible shortage of high quality assets. Such a program has already been established in Australia, because there is not a large pool of government debt for banks to hold as safe assets. Global bank regulators are setting up new “liquidity” standards to make sure that banks have access to assets that can be readily turned into cash during panics. Stein said that regulators need to be flexible as they adopt these new rules. The Fed is likely to bring forward its liquidity proposals later this year. MW
-Bill Gross, UST insider and Cabal member
Gross: Buying TIPS. Breakeven inflation at 2.35% for 10-30 yr TIPS. PIMCO expects higher. Foreign $ reserve countries need protection.
-Patsy at large @boston
-Nasty Jew Hollande busting heads in France if you protest LGBT marriage..(these people have civil contracts already in France)
-More than 110 million Chinese-made condoms seized in Ghana after tests revealed they had holes and burst easily. BBC
Chinese employ PHD engineers to steal from you and cheat you to be low bidder at Walmart. Chinacoms goods may cost you your life. Taiwan quality is pretty good as is Singapore. China has many more billionaires than the USA and that they even let on. And they do it be selling you product at very high margins relative to the cost that breaks down by design. Stop buying it.
-Boston under Martial law on Security Theater
Police expanded their order to residents to stay at home to the city of Boston, in addition to several communities surrounding Boston. Residents are being told to keep their doors locked and not to open them unless there is a properly identified police officer. The order comes amid a massive manhunt for a 19-year-old suspect in the Boston Marathon bombing. A second suspect was killed in a confrontation with police earlier. An MIT police officer also was killed in a chaotic series of events that began Thursday night. Police are now searching a 20-block area of Watertown, just outside Boston. MW
-Ha, as the ZGR has stated the English pound will trade at parity with the dollar soon, say the next 3 years.
-England’s rumors backfire on them…
Fitch downgrades Britain one notch to ‘AA+’
Higher than previously projected deficits+debt primarily reflects weak growth, despite progress, deficit still 7.4% of GDP from 11.2%
Ha, ha, Cameron and Osborne you Jewish croooks!! Tell the Queen to write a trillion pound check out of her drug mad money or sell Australia to the Chinese. Aussies are worthless and need to be put the whip for their own good.
Lew is not going to like Gold above 1400 today.
10:26 a.m. EDT 04/19/13Major Stock Indexes
-How do you Harvard people like Globalism today? How about you Bostonians ? How about you folks in Hollywood pumping out the CIA /Mossad/MI6 directed script for ‘Homeland’? How about you Wall Streeters and your globalist garbage. Globalists are the new fascists. Down with Globalism. Down with the UN and NWO. Well the Muslim patsies from Chechnya should be a blow to open immigration. Granted these guys were likely groomed and recruited by Mossad agents, but still, the Koran is a very violent text and the Jews exploit that for their global kingdom and Jew World Order, aka New World Order aka the English Empire.
-Ironic, Harvard University, the intellectual ‘font’ in the USA for these perverse NWO ideas , and their own people were blown to pieces; today the Harvard gang are cowering under their desks in their dorms today. I don’t care what happens to Harvard /Cambridge people anymore than NYC people or Washington DC people. Without Harvard this country would be better off. Obama, Bush, ‘Harvard’ boys. Henry Kissinger, Harvard man, and on, and on, and on. Harvard, David Rockefeller U. That entire Eastern Seaboard from Washington DC to Boston dominates the national agenda. I’m sick of it. California is ‘ruled’ by a Harvard devil currently, WASP Jerry Brown, married to a Jewess. You Bostonians got what you export to the world via Harvard, violent Harvard policies, and false flags, or as Celente puts it, Guns, bullets and bombs. Feinstein, Boxer, Pelosi, all East Coast Jews from the money centers of NY and Washington.
-Fitch: Spain Is Suffering a ‘Lost Decade’ Without Growth. Spanish economy won’t reach 2007 peak in output again until 2017.
-A lot of Twitter traffic is commenting how the Boston situation reminds them of the TV program Homeland. I’ve never seen it so can’t comment. I don’t watch TV and ‘cop’ shows in particular. All lies and propaganda for the state.
-Surprising markets can have a bid with
IBM off 7% (Most since 2010) and GE off 5% (Most since 2011), especially given GE’S disasterous industrial sector report, but maybe not so suprising, eh Jacob Jew.er Lew. PPT hard at work here. The hidden hand moved in to buy SP and DOW futures after GE earnings.
MARKETS – AT A GLANCE
- ECB Weidmann(Germany): Demands That German Allow More Expansive European Policy Not Major Issue At G20; Comments in WSJ interview were not intended to signal change in trend on ECB rates.; German FinMin Backs EU Treaty Change As Soon As Possible To Enable Banking Union
-German Finmin Schauble: G-20 Will Not Decide New Deficit-Cutting Targets In D.C., Aiming For St Petersburg.
-Treasurys weakened Friday, prompting yields to rise, as members of the G-20 expressed their commitment to policies aiming at helping liquidity flow into global markets. The 10-year note yield rose 1 basis point to 1.699% while the 30-year bond yield rose nearly 2 basis points to 2.879% and the 5-year note yield grew less than a basis point to 0.698%. Treasury yields swung back and forth this week, hitting a year-to-date low yield on Wednesday. Treasury Inflation-Protected Securities, which had a weak auction Thursday, continued to weaken overnight as the market sold off. The Treasury Department sold $18 billion of 5-year notes at -1.311% but the market yield continued climbing 6 more basis points to -1.2517%.
-Weidmann: Don’t expect too much from a rate cut. Shauble: limited treaty change possible for banking union.
-Shooters were said to be Arabic speakers and Chechnyan speakers-Boston TV
- Russia Central Bank’s Shvetsov commented that it might move to floating rates for long-term financing in 2013 and also might move derivatives market to central counterparty in 2013. Russian Press
-ECB’s Weidmann (Germany): Monetary policy should not be used to manipulate FX rates, all involved should abide by the G20 FX statements.German Press
- Germany’s highest Court to assess ESM/ECB case in early June- German Press
- France Fin Min Moscovici: Reiterating France will miss 2013 budget deficit target to avoid recession; Has held talks with German Fin Min Schaeuble; believes France will be granted an extension of deficit reduction targets. French Press
- Eurogroup chief Dijsselbloem: Decision on direct bank recap expected before the summer-EU Press
ECB: 15 Banks to Repay 2nd LTRO, 14 Banks to Repay 1st LTRO. Says Euro-Area Banks Will Repay €10.9bn in 3-Year Loans next week. Repayments seen slightly up versus this week.
-OPEC not planning emergency meeting
-Moscow Exchange Plans To Develop Gold Bullion Market. Russia’s Main Exchange will Launch Precious Metals ETFs. Russian press.
-Italy Parliament Third Ballot Ends With 465 Blank Votes. Berlusconi calls for new elections in June.
-German Finmin Schauble: would welcome moves by ECB to reduce liquidity; many EU countries in `PRECARIOUS’ economic state; more money in system won’t substitute for reform;`too much money’ in the market.
This is an area where the Muslim dissidents are lead by Mossad operatives and Russian Jews working against Putin, including London Jews.
-Harvard Shuts down, most of city of Watertown on lock down. Ludicrous. One suspsect? SWAT and other assets continuing to swarm house.
-Schlumberger reported a profit of $1.26 billion, or 94 cents a share, down from $1.3 billion, or 97 cents a share, a year earlier. The most-recent quarter included charges of seven cents a share, while the year-earlier quarter included one cent. Revenue jumped 7.6% to $10.67 billion.Analysts polled by Thomson Reuters had most recently forecast per-share earnings of 99 cents a share on revenue of $10.73 billion.Operating margin fell to 15.7% from 17%.Oil-field services revenue from North America, the region which generates most of the top-line, fell 4.2% to $3.29 billion.The Europe/Commonwealth of Independent States/Africa region’s revenue climbed 11% while the Middle East and Asia posted a 21% increase. Latin America revenue was up 7.8%.
-GE reported a profit of $3.53 billion, or 34 cents a share, versus $3.03 billion or 29 cents a share, a year ago. Results included a one-time gain in industrial operations of eight cents a share from the sale of GE’s remaining stake in the NBCUniversal joint venture that was partially offset by four cents a share tied to restructuring and other charges. The company’s operating earnings, which exclude pension costs, were 39 cents compared with 34 cents.Revenue was flat at $35 billion.Friday, the company said revenue from its industrial businesses, which include energy infrastructure and aviation, fell 5.7% to $22.67 billion. Profit from the businesses was down 11% to $2.94 billion.Revenue from GE Capital rose 1.7% to $11.54 billion, while profit rose 8.7% to $1.93 billion.GE reported a profit of $3.53 billion, or 34 cents a share, versus $3.03 billion or 29 cents a share, a year ago. Results included a one-time gain in industrial operations of eight cents a share from the sale of GE’s remaining stake in the NBCUniversal joint venture that was partially offset by four cents a share tied to restructuring and other charges. The company’s operating earnings, which exclude pension costs, were 39 cents compared with 34 cents.
-McDonald’s Corp. reported first-quarter net income on Friday of $1.27 billion, or $1.26 a share, from $1.266 billion, or $1.23 a share, a year earlier. Quarterly revenue rose to $6.61 billion from $6.55 billion in the year-ago period. Analysts had expected earnings per share of $1.26 and revenue of $6.59 billion. Global comparable sales in the quarter fell 1% and U.S. comparable sales fell 1.2% due in part to “the challenging eating-out environment” in the U.S., according to the press release. “As we move forward, top-line comparisons will begin to ease while the challenging global environment and bottom-line pressures are expected to persist,” said Don Thompson, president and chief executive officer of McDonald’s. The fast-food chain expects global comparable sales in April to be slightly negative. Shares fell 1.9% in premarket trading.
-Cops think they have the subject in a home in Waterton, but we have had many false alarms all night/morning.
-EU session Economic Summary
(RU) Russia Narrow Money Supply w/e Apr 15th (RUB): 7.57T v 7.43T prior
(DE) Germany Mar Producer Prices M/M: -0.2% v +0.1%e; Y/Y: 0.4% v 0.7%e
(ES) Spain Feb Industrial Orders (unadj) -6.9% y/y, Industrial Orders WDA -2.8% y/y
(NL) Netherlands Apr Consumer Confidence: -35 v -41 prior
(IT) Italy Feb Industrial Orders M/M: -2.5% v -1.4% prior; Y/Y: -7.9% v -3.3% prior
(IT) Italy Feb Industrial Sales M/M: -1.0% v -1.4% prior; Y/Y: -4.7% v -3.6% prior
(EU) Euro Zone Feb Current Account Seasonally Adj: €16.3B v €13.8B prior; Current Account nsa: +€12.1Bv -€5.6Bprior
(UK) Mar Gross Mortgage Lending: £11.6B v £10.6B prior – CML
(GR) Q4 Greece disposable household income: €32.3B v €35.4B y/y
(HK) Hong Kong Mar Unemployment Rate: 3.5% v 3.4%e
- European equity markets are trading higher led by the FTSE MIB, as the government formation process in Italy continues . The DAX has lagged, as SAP moved lower on disappointing earnings (follows weaker than expected quarterly sales from Google, Microsoft and IBM); the DAX has also been weighed down by ex-dividends. European banks are broadly higher, led by shares of BNP and UBS, which have been supported by positive analyst commentary. Shares of Commerzbank have lagged, as the company made cautious comments regarding Q1. Gains in gold and oil prices overnight have supported resource related firms. US companies reporting quarterly results today include GE, McDonald’s and Schlumberger.
8:38 a.m. EDT 04/19/13Major Stock Indexes
- Suspect White hat shooter still at large
-Okay, I’ve got work to do, so I will drop out of the Boston Bomber Chase. I posted the main channel where I had been listening to this.
-420 Police Conference
Bummer 1 cop killed, 1 injured badly.
-Italy, Feb Industrial New Orders: -2.5% m/m, -7.9% y/y; Industrial New Orders Domestic Market: -2.3% m/m, -11.1% y/y
-Boston Police Commissioner: 1 suspect dead, 1 at large armed and dangerous. ‘White hat’ bombing suspect at large.
-RT : 1 suspect is dead, 1 at large,
Watertown is related to Boston bombings. All confirmed.
-”black hat” suspect is Mike Mulugeta. We believe his DOB is 10-29-91.-global grind report
-Italy SWG poll – trust in politicians: Renzi 61%, Bersani 29%, Grillo 28%, Berlusconi 28%, Monti 23%
No one trusts the Goldman Sachs devil
-409 URGENT: One suspect dead. One at large. Armed and dangerous. White hat suspect at large – Boston’s Police
-Police Tells NBC remaining suspect hiding in building in watertown.
-Italy Feb industry sales seasonally adj -1.0% m/m (Jan rev to -1.4%m/m), industrial orders fell 2.5% m/m (Jan -1.4%) – ISTAT
-Cops are like the Israeli IDF, they like 100: 1 odds when the go into battle and for their suspects to be unarmed. If this had been the LAPD, 31 of 2 suspects would be dead by now.
-403 BREAKING Captured Boston marathon bomb suspect is dead (wHDH)-AFP
(shot the patsy, bang, bang).
-CBS News: One suspect under arrest at area hospital; police say active search for one or two more suspects
-359 FBI right on top of it..such utter clowns
Law Enforcement Activity in Greater Boston Area
|FBI BostonApril 19, 2013|
We are aware of the law enforcement activity in the greater Boston area. The situation is ongoing. We are working with local authorities to determine what happened.
-357 Mad Bombers or Mad Spooks we report, you decide!
-Not to throw water on anyone in the City of London’s parade, but, what nonsense the police reports have been so far including finding suspects with additional pressure cookers and explosives. Likely they were patsies and set up, and may have decided to go down anyways shooting. Now if you just blew the heck out of some people you would have an escape plan and another id and be gone by now. These MI6 people just need to go to Hollywood for better script writers. Notice how this transpires on London time and again the English are all over this while the USA media is getting smoked by them. How bizarre.
-KOLKATA: World Gold Council, which has been tracking the global gold market pattern, has found that there is a shortage for bars and coins in Dubai which is creating a supply shortage. Aram Shishmanian, CEO, World Gold Council: “It has become increasingly clear over the course of the past week that the falling the gold price was triggered by speculative traders operating in the futures markets. Their short-term view of generating a trading profit is in stark contrast to the views of long term investors in gold, as evidenced by the massive wave of physical gold buying that began over the weekend and accelerated following Monday’s further decline. The surge in gold purchases is spanning markets from India and China to the US, Japan and Europe. Buyers are viewing this as an opportunity to purchase gold at prices not seen in the past couple of years.” The World Gold Council is uniquely positioned in the gold market to get immediate feedbackon market patterns. “We are already seeing shortages for bars and coins in Dubai, while premiums in Mumbai are at $26/oz and $6 in Shanghai, indicating that buyers are willing to pay more than current spot prices for the metal. Clearly the desire to own gold, as an investment and for adornment, has made itself felt in the physical market. Gold operates on the basic economic fundamentals of demand and supply. Our view is that demand is strong while supply remains constrained, and that this dynamic ultimately drives the long-term price of the metal,” he added
-ABC News reporting one in custody, one missing. Conflicts with ABC affiliate WCVB reporting one dead, one missing suspect.
-Berlusconi’s Party rejects Prodi as Presidential Candidate
Residents in and around Watertown should stay in their residences. Do NOT answer door unless it is an identified police officer.
-Jew identifies Bombing Suspects for FBI
Positive subject identification
Jeff Bauman, the Boston Marathon victim whose grisly injury was replicated by photo-hungry news agencies, was the first person to identify a suspected bomber to the FBI.
“He woke up under so much [sic] drugs, asked for a paper and pen and wrote, ‘bag, saw the guy, looked right at me,’” his brother, Chris Bauman, told Bloomberg.
“I’ve had many times with him alone, and yes, he told me every detail.”
Bauman had been standing near the finish line waiting for his girlfriend to complete the Boston Marathon when a man wearing a baseball cap, dark jacket and sunglasses dropped a bag at his feet, according to his brother Chris Bauman.
Less than three minutes later the bag detonated, with the blast mangling both of Bauman’s legs.
While still in intensive care Bauman, 27, spoke with FBI agents and helped in the identification of the possible perpetrators – the same faces that investigators asked the public to help identify during a press conference on Thursday afternoon.
He has survived the attack but both limbs were amputated below the knee. The man Bauman saw with the bag has since been identified as one of the Federal Bureau of Investigation’s two suspects in the bombing that killed three people and injured nearly 200 more.
Well a Jew at MIT is not that unusual but still it is quite a coincidence how these people are always around the crime scene. Jew Bloomberg controlling the narrative too. Just another coincidence I suppose. Good Job Mayor Mike, at least for Israel.
-Marathon Bombing Suspect in Custody, Boston Globe Says
-RT Report on Bomber Shoot-Out
-PD reportedly going to switch to Prodi for President to secure vote. Italian TV.
-Boston Bombers/Shoot out the Okay-Coral at MIT-Breaking..
- Boston marathon bomber suspect reportedly apprehended – another on the loose
- Massive gun battle fought between two men and dozens of police in the Watertown suburb of Boston
- Reports that explosives and grenades were used in desperate firefight
- Drama began just before 11 p.m. on Thursday evening when a campus police officer at MIT was shot dead
- A car chase then unfolded across the city – believed to be in a hijacked 2013 black Mercedes
English Press Report
-300 Europe Opens
Stoxx Europe 600 index opens up 0.5% at 285.24
Germany’s DAX 30 index up 0.3% at 7,491.62
France’s CAC 40 index opens up 0.7% at 3,625.26
U.K.’s FTSE 100 index opens up 0.4% at 6,268.05
German 10y 1.24+0.01,- 0.89%
Italy 10yr 4.19-0.01. 0.34%
Asian markets are shrugging off the USA sell off and dismal earnings report by IBM after hours in the USA, and rallying broadly. Driving the rally was the implicit endorsement of the G20 of Abenomics and short covering. The Nikkei finished at 13316, + .73 % on a surging Y/D. Oz finished up .19 % as gold and commodities rallied along with the miners a bit. The Shanghai composite is up 2.23 % to 2246, and the Hang Seng is up 1.65 %. Korea’s Kospi finished up .35 % at 1906.
Goldman Sachs cut China’s 2013 GDP growth target to 7.8% from 8.2%. Also in China, Conference Board leading index for March remained flat at 258.3, prompting investors to speculate that China’s economic momentum may be showing signs of abatement following recent local government property tightening measures, and weaker industrial activity. The Chinese press speculated Shenzhen may join Shanghai and Chongqing in implementing a trial property tax in the near term. Analysts are also on the lookout for the PBOC to widen the yuan trading range against the dollar – the last adjustment took place about a year ago and over the weekend.
Abe express eagerness to hold public referendum to revise Constitution.Abe says he is willing to rebuild Japan-China relations.
Japan Finmin Aso said Japan encountered no opposition at G20 to its message its policy is aimed at defeating deflation. UST Sec. Lew reaffirmed G20 commitments with Japan Finmin Aso.) Former Japan Fin Min official Sakakibara (‘Mr Yen’) said the Japan economy is in recovery process. BOJ Kuroda also said he did not expect the G20 to object to BOJ policies to reflate. All 11 members in TPP talks expected to approve Japan’s participation.
BOJ offers to purchase ¥500B in 5- to 10-yr debt. Japan Iron and Steel Federation: Japan FY12/13 crude steel production +0.8% at 107.3M tons, first y/y rise in 2 years.
China state researcher Zhu Baoliang said China economy may rebound in Q2 and Q3; possibly grow by 8% in Q2. China State researcher Zhang Monan said China needs to strengthen local govt debt control. IMF head of Asia Pacific Singh: no change to China forecast despite Q1 weaker GDP.China Ministry of Commerce (MOFCOM) researcher Wang: China exports still face big headwinds in H1. Goldman Sachs cuts China 2013 GDP growth target to 7.8% from 8.2%.
Shenzhen may launch a trial of property tax in near term(SD). China Ministry of Land and Resources: Q1 residential land prices rose 4.1% y/y and 1.8% q/q to CNY4.7K/sqm ( CD)
China Dep PBOC Gov: Could use temporary capital controls in extreme cases; have the conditions to encourage capital account liberalization
North Korea’s conditions for the peace talks are seen as ‘absurd’ by the South Korean govt and its allies (press).
South Korea’s extra budget may delay achievement of a fiscal balance until 2016, reported the Korean press. According to South Korea real estate market researcher Budongsan Serve, house transactions in Q1 fell to 141K, only 57% of y/y levels.
Australia Treasurer Swan: Faced with revenue write- downs due to stubbornly high AUD. IMF Dep Managing Director Zhu: AUD, NZD overvalued by 10%, RBA has room to further cut rates.
Economic Release Summary
(CN) CHINA MAR CONFERENCE BOARD LEADING ECONOMIC INDEX M/M: 0.0% V 1.3% PRIOR (9-month low)
(US) North America MAR SEMI book/bill ratio: 1.14 v 1.10 prior (3rd consecutive above-parity print after 9 months below-parity)
(US) FED Balance Sheet, 3, 295,109 mln, +67,347 mln w/w, 419, 639 mln y/y
(CO) COLOMBIA FEB TRADE BALANCE: $386.4M V $204.5ME; IMPORTS CIF: $4.5B V $4.8B
|US Cotton No.2||83.56||+0.10||+0.11%|
|US Coffee C||141.00||+4.53||+3.32%|
GLD: SPDR Gold Trust ETF daily holdings fall by 1.8 tons to 1,133.0 ton (lowest since 1,130.7 in Apr of 2010)
(US)FBI comments on Boston bombings: Two suspects identified; photos released – press conf
(US) FAA to move Friday to remove B787 grounding
(US)Gunshots reported in the area of Massachusetts Institute of Technology (MIT); area has been cordoned off.
(DE) German Fin Min Schaeuble: Europe is fighting unbearable unemployment
OECD’s Gurria: Global economy stands to gain from Japan monetary easing
DELL: Blackstone said to be ending pursuit of Dell due to being disappointed with revenue outlook; Remaining bidders are now Icahn and Michael Dell
AMD: Reports Q1 -$0.13 v -$0.17e, R$1.09B v $1.07Be; -4.0% afterhours
GOOG: Reports Q1 $11.58 v $10.63e, R$11.01B (ex TAC) v $11.2Be; +1.4% afterhours
COF: Reports Q1 $1.79 v $1.64e, R$5.6B v $5.62Be; +1.3% afterhours
ISRG: Reports Q1 $4.65 v $4.00e, R$611.4M v $581Me; -3.0% afterhours
IBM: Reports Q1 $3.00 (adj) v $3.06e, R$23.4B v $24.6Be; -4.3% afterhours
CMG: Reports Q1 $2.45 v $2.14e, R$726.8M v $725Me; +3.5% afterhours
MSFT: Reports Q3 $0.65 (adj) v $0.67e, R$20.5B v $20.7Be; CFO Klein to leave the company; +2.9% afterhour
“You better be damn sure, as sure as you can be, before you get into something, because once you’re into it, there isn’t any backing out, whether it’s a no-fly zone, safe zone, protect these — whatever it is,” Hagel said later during questioning. “Once you’re in, you can’t unwind it. You can’t just say, well, it’s not going as well as I thought it would go, so we’re going to get out.”
Gen. Dempsey said in his testimony that “before we take action, we have to be prepared for what comes next,” referring to the limited ability of the Washington to shape the reality on the ground even if the advice of people like John McCain is followed and the US military takes action to topple Assad.
“The use of force, especially in circumstances where ethnic and religious factors dominate is unlikely to produce predictable outcomes,” he said, adding that “unintended consequences are the rule with military interventions of this sort.”
While the Obama administration has acted to bolster the Syrian rebel opposition, sending non-lethal aid directly and lethal aid indirectly through client states like Saudi Arabia and Qatar, I’ve argued this is largely a pittance for public consumption so that Obama gets to display his disapproval for the Assad regime’s violence and placate concerns of “humanitarian interventionists.” If it were more than this, the administration would undoubtedly already have sent what is called “decisive aid” – that is, weapons that would at least level the playing field between the rebels and the Syrian military.
Additionally, there are other policies which negate these actions, including the Obama administration’s decision to send the CIA to work with Iraq’s security forces to stem the flow of Islamist fighters going into Syria to join the rebellion. This is an example of Obama working with Maliki, a virtual ally of Assad, to fight the very militants the Assad regime is fighting.
As former CIA official and Antiwar.com columnist Philip Giraldi has said, “Obama has come around to the view that regime change is more fraught with dangers than letting Assad remain.” There is even some reason to believe that the war in Syria isdraining the resources and credibility of Washington’s geo-political foes (Iran, Russia, etc.), thus serving as a further disincentive for direct military action by the US.
1 And I saw an angel come down from heaven, having the key of the bottomless pit and a great chain in his hand.
2 And he laid hold on the dragon, that old serpent, which is the Devil, and Satan, and bound him a thousand years,
3 And cast him into the bottomless pit, and shut him up, and set a seal upon him, that he should deceive the nations no more, till the thousand years should be fulfilled: and after that he must be loosed a little season.
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and [I saw] the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received [his] mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.
Rev, Chapter 20, KJV
|00:30||JPY||All Industries Activity Index (MoM)||0.6%||-0.6%||-1.6%|
|02:00||EUR||German PPI (YoY)||0.4%||0.7%||1.2%|
|02:00||EUR||German PPI (MoM)||-0.2%||0.1%||-0.1%|
|04:00||EUR||Italian Industrial New Orders (MoM)||-0.8%||-1.4%|
|04:00||EUR||Italian Industrial Sales (MoM)||-1.30%|
|05:00||EUR||Spanish industrial New Orders (YoY)||0.2%||0.4%|
|06:00||EUR||Spanish Trade Balance||-3.00B||-3.50B|
|07:30||INR||Indian Bank Loan Growth||14.10%|
|07:30||INR||Indian FX Reserves, USD||293.84B|
|08:30||CAD||Core CPI (MoM)||0.2%||0.8%|
|08:30||CAD||Wholesale Sales (MoM)||1.0%||0.3%|
|09:00||MXN||Mexican Unemployment Rate||4.7%||4.9%|
|10:30||USD||ECRI Weekly Annualized (WoW)||6.20%|
|12:00||USD||FOMC Member Stein Speaks|
-ECB Asumssen on Banking Union
-Boston marathon suspect arrest after machine gun and grenade battle in the suburbs…but other is still on the loose