Latest Blog: Beach Reading - 05/08/2024
-
-
CIO INSIGHTS
-
CIO INSIGHTS
- BACK TO CIO INSIGHTS BACK TO ARTICLES & INSIGHTS HOME
-
-
-
Investment Insights are written by Angeles' CIO Michael Rosen
Michael has more than 30 years experience as an institutional portfolio manager, investment strategist, trader and academic.
KIDS!
Published: 10-23-2014On a totally non-market subject, more young adults are living with their parents, and here’s the graph to prove it (courtesy of Hugo Scott-Gall of Goldman Sachs). Top line is US, bottom line is UK. I suspect in places like Italy, the numbers are way higher.
Goldman surveyed their interns about which items were priorities for them to own. A house was easily at the top of the list, but interestingly (at least to me), a car was no more important than an expensive handbag or watch. Maybe that’s a function of an urban-centered (and status-conscious) survey group, but I’d say it’s good news for Uber, not so good news for GM (and its peers). It’s also good news for the housing (and related) industry, but maybe the biggest winners are the long-suffering parents who can finally get their kids out the door. I’m sure their children feel the same way.
PRINT THIS ARTICLERELATED ARTICLES
-
Old Age 10-16-2014
It's been 3 years since US equities have corrected more than 10%. But there's no law about how long rallies can ...
READ BLOG POST -
June Gloom Will Fade 06-08-2015
1024"June gloom" is what you get when a warming land mass meets a cooler ocean: a layer of marine fog that the sun burns ...
READ BLOG POST -
Falling Behind 08-25-2016
It's good to be tall.Tall people tend to be more highly educated, earn more over their careers, are higher in the social ...
READ BLOG POST
-
We strive build portfolios of best-in-class investment managers across all asset classes. If you would like to be considered for our portfolios, please contact us using our manager inquiries form.
- MANAGER INQUIRIES
-
SUBSCRIBE TO ANGELES' INSIGHTS
Get the latest investment information and stay on top of market trends.
SUBSCRIBE -
CONTACT US
SANTA MONICA
429 SANTA MONICA BLVD,
SUITE 650
SANTA MONICA, CA 90401
310.393.6300
GET DIRECTIONS -
NEW YORK
375 PARK AVENUE,
SUITE 2209
NEW YORK, NY 10152
212.451.9240
GET DIRECTIONS -
HOUSTON
5151 SAN FELIPE ST,
SUITE 1480
HOUSTON, TX 77056
713.832.3670
GET DIRECTIONS