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California Gas Leak ‘Capped’ Temporarily Say Gas Company

The gas leak in Porter Ranch, California has been temporarily capped, according to the Southern California Gas Company.  Thousands of residents have had to evacuate their homes since the leak began last October, with huge numbers of residents complaining of illnesses linked to the gas leak at the utility’s Aliso Canyon facility. NBC reports: Residents complained of headaches, nausea, nosebleeds and other symptoms. Public health officials blame the ailments on an odorant added to the gas and have said there shouldn’t be long-term health problems.

The World's Top Performing Hedge Fund Just Went Record Short, Explains Why

The World's Top Performing Hedge Fund Just Went Record Short, Explains Why

Last month, in our latest profile of the $2.8 billion Horseman Capital, we said that not only has that fund which some have called the "most bearish in the world" generated tremendous returns almost every single year since inception (except for a 25% drop in 2009 after returning 31% during the cataclysmic 2008), but more notably, it has been net short - and quite bearish on - stocks ever since 2012. In that period it has consistently generated low double-digit returns, a feat virtually none of its competitors have managed to replicate.

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