Where finance and media interesects with reality.

In the Blind Spot on Wednesday (ETPs, Nigeria, Cables)

Finance, business, markets etc … There’s been a powerful earthquake in Fukushima. Barclays has suspended two ETNs, the iPath Pure Beta Crude Oil ETN and the iPath Series B S&P 500 VIX Short-term futures ETN (VXX). [It’s always around this point in the Exchange Traded Product fallout narrative that the mainstream press gets openly confused […]

WW3 Watch: An unexpected intervention from the Vatican

In big news for Catholics around the world, Vatican News reported on Wednesday that the Pope would consecrate Russia and Ukraine to the Immaculate Heart of Mary. Some subscribers might be confused as to why this should be of relevance to financial investors? But, as I already noted in my Moscow, the Third Rome piece, […]