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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.
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Petropolitics 12-02-2014
For the past few years, oil has held steady at around $100/barrel, as supply and demand were largely held in check. ...
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Yasou! 05-29-2015
Let me stipulate up-front: I love Greece. Everything about it: the food, the weather, the history, the music, the ...
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Sunrise or Sunset: Thoughts on a Post-Pandemic World (Part 1) 05-27-2020
Two and a half months of isolation engenders reflection, on what we've endured, and contemplation on what the future ...
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