Elsewhere on Thursday,
- Is oil and gas leaking from cracks in the seabed?
- The view of Russian scientists is ‘yes’.
- Pricing in the risk of ruin for BP with options.
- The elusive trading range.
- Is Spain the next domino to fall or not?
- The end of offshore drilling?
- The price of coffee has received a caffeine-like jolt.
- The third post in the Edward Hugh tribute series.
- “I can hardly think of a security that’s more dialed in to the algorithmic, black-box trading system that became unhinged on May 6 than the ETF.”
- Further, further reading.