Trade of the Day: Buy a Faraday Cage
In 1859, a solar storm dubbed theCarrington Event was strong enough to trigger fires lit by the sparks from malfunctioning telegraph equipment. Elliot Management Corp., the $24.8 billion hedge fund run by Paul Singer, iswarning investors that a similar electromagnetic pulse that could knock out global electricity grids for months would pose a "significant danger."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.