Article
US Spies on the Vatican
When Trump declared Pope Leo “terrible for foreign policy,” the US intelligence community took the president’s remarks as a directive to prioritize spying on the Vatican. It has for years, sources tell me. The CIA has human spies working inside the Holy See bureaucracy. The NSA and CIA seek to intercept telecommunications, emails, and texts. […]
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Apr 23, 2026 / Tyler Durden
Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets
Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets
Three weeks ago, when Bloomberg pointed out that Andurand was the best performing hedge fund in March thanks to its notorious levered long oil positioning (and really nothing else), we said they may want to refresh his exposure after the April 7 oil crash.
May want to F5 on Andurand after today's near record oil crash https://t.co/tlkgz3dXJa
— zerohedge (@zerohedge) April 8, 2026
Three weeks later, they did: according to a report published this morning, Pierre Andurand’s largest "hedge...
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Jun 14, 2026 / Dave DeCamp
Trump Says Israel’s Strike on Beirut ‘Should Not Have Happened’
President Trump said on Sunday that an Israeli attack on the southern suburbs of Lebanon’s capital, Beirut, “should not have happened,” as Iranian officials maintain a real ceasefire in Lebanon is key to any kind of agreement with the US. Israel’s strike on Dahiyeh on Sunday came one week after Iran bombed northern Israel in […]
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Mar 21, 2026 / Ali Hashemifara
The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods
If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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