Friday, October 26, 2007

Features of the week

Oil at record (nominal) highs, Warren Buffett on Chinese stocks, Citigroup accounting, and an interactive view of the recent credit market squeeze.

All this and more in today's edition of our, "Features of the week".

1. The $360bn question. Do we really need a superfund?

2. The credit squeeze explained. An FT.com interactive graphic, narrated by Gillian Tett.

3. Argentine bonds devasted by rigged government data suspicion.

Welcome to the world of hidden inflation and false government statistics.

4. Remembering Black Monday: A Q&A with Robert Prechter. As always, Prechter has some interesting thoughts on how mood influences market movements.

5. "Hey Warren, what's your view on...". Warren Buffett talks Chinese stocks and investing philosophy in this audio clip from a news conference in Dalian, China.

6. Marc Faber sits down with Bloomberg TV for a lengthy and informative interview.

7. Jim Rogers tells Bloomberg viewers that he's serious about getting out of the dollar and into "sounder currencies".

8. CFTC signals radical changes to OTC markets. New regulations on OTC commodity and energy derivatives.

9. Oil breaches $92 on inventory concerns. I checked out Reuters' story this morning and they were kind of pushing the opposite "low demand/bubble" angle.

10. Attention Allocation. Kent Thune (The Financial Philosopher) tells us how to apply portfolio investment strategy to the problems of information overload.

11. Citigroup SIV Accounting Looks Tough to Defend. Remember last week when we mentioned Mish's post on Citigroup's SIV accounting? It seems others have caught on.

12. Video of Michael Badnarik's Constitution class. An eye opener on many levels (hat tip to Dollar Collapse).

Thanks for reading Finance Trends Matter. Be sure to visit over the weekend, we might have some video entertainment lined up for you. See you then, gang.