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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.
SKYSCRAPING
Published: 05-04-2015In 2009, there were 19 buildings in the world with heights above 1,000 feet (305 meters for the non-American readers). Today there are 79 such buildings, a four-fold increase in just 5 years! And if you have never been to China or the Emirates, you have missed most of them. 40% of these tallest buildings are in China, another 28% are in the U.A.E.
The graphic below (from Knight Frank) highlights the average annual rent (per square foot) in the top cities of the world. Despite my grumbling, LA is still pretty cheap. Although our next office may be more likely to be in Seoul or Kuala Lumpur rather than Hong Kong.
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Jobs 09-04-2015
Markets have taken today's employment release as evidence of a weakeningjobs market. A mere 173,000 net new jobs were ...
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US economic growth 10-14-2014
So, US economic growth is outpacing the rest of the developed world (and much of the non-developed, um, emerging, ...
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Toes in the Sand 07-20-2017
For me, and I think I speak for everyone on the planet, the feeling of warm sand between the toes is one of life's ...
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