Friday, June 27, 2008

Features of the week

Enjoy our Friday "Features".

1. The Dow sank 358 points on Thursday, closing at its lowest level in almost two years.

2. Oil surges above $140; is $150 oil around the corner?

3. Drilling for oil in Beverly Hills.

4. Global oil supply worries fuel debate in Saudi Arabia.

5. Gold moves up to $920 an ounce on dollar weakness, risk aversion.

6. Video: Warren Buffett concerned about stagflation.

7. Uranium prices could rebound due to increased demand.

8. Jim Rogers and Van Eck Global have formed the Rogers Van Eck Hard Assets Producer Index, a comprehensive global commodities share index (Hat tip: Abnormal Returns).

9. "Danseuse", the Severini painting highlighted in Wednesday's art market update, ends up fetching £15.04 million, twice its pre-sale estimate.

10. Four years of home price gains wiped out. Case-Shiller home price index is down 15.3% in the past year, shows declines in all 20 cities tracked.

11. Public surveillance grows in America's emerging police state.

12. Aristotle on mixed economies (this applies to liberty as well).

13. Baby Bust! The world is panicking over falling birthrates.

14. Carbon trading set to dominate commodities.

15. Cap and Trade is not a "market solution". Discuss.

16. Who owns your friends? Social networking sites fight for control over users' personal information.

Enjoy your weekend, and thanks for reading Finance Trends Matter.