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• ECONOMICS IN ACTION 06-12-2017

  The intersection of supply and demand determines price and quantity: there is no more fundamental principle of economics (see graph below). We rarely ...

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• JOB GROWTH IS FALLING. THE SKY IS NOT. 06-02-2017

  今天的就业报告令人失望:只有138人,5月份净新增就业岗位为182个(此前普遍预期为182个),000), another 66,000 lost in ...

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• 2017年第一季度——最后一个幕府将军 05-08-2017

  日本被大和王朝统治了将近2年,700 years, 世界上持续时间最长的君主政体. 从义武到明仁，125位天皇 ...

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• HOPE AND REALITY 04-06-2017

  Why is everyone so happy? Well, maybe not everyone, but a lot of people are as optimistic as they've been in a long while. Start by looking at ...

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• CHASING THE RED BARON 03-31-2017

  你不能吃相对回报是一句古老的格言. It sounds like it could come out of Poor Richard's Almanac (Benjamin Franklin), and I'm ...

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• NON-ZERO SUM 02-17-2017

  There are prominent voices (and tweets) urging us to pull back, dig in, and lock the gate. 民族主义和保护主义的呼声日益高涨 ...

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• LOVE 02-14-2017

  It's probably no surprise to you that I see offering world-class investment advice as a valuable service for the long-term well-being of our ...

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• 2016年第四季度-芬兰站 01-25-2017

  After three years of war, and really, 罗曼诺夫家族三个世纪的镇压, 俄国人民已经到了崩溃的边缘. The Tsars army ...

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• SHOCK, PART 4 (DIVIDED WE ARE) 12-21-2016

  We began this series with a review of the likely economic policies and their implications of the new Trump administration, and discussed the long-term ...

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• 冲击，第三部分(美国治下和平的终结) 12-13-2016

  我们都在努力理解唐纳德·J·特朗普(Donald J. Trump to the presidency, and a few weeks ago I outlined the possible economic agenda and ...

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• 冲击，第2部分(资产配置者的困境) 11-28-2016

  In Shock (Part 1) (http://blog.angelesadvisors.com/2016/11/shock-part-1/), we looked at a possible Trump economic agenda and its consequences. A large ...

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• SHOCK (PART 1) 11-22-2016

  休克，即血流量突然下降，是一种严重的医疗状况. 如果不治疗，它很快就会致命. 休克有很多种类型和原因， ...

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• 2016年第三季度-钱瑟勒斯维尔 11-04-2016

  亚伯拉罕·林肯一生都患有临床抑郁症, but as 1862 drew to a close, 即使是最乐观的人也可能失去信心 ...

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• WHAT I LEARNED WHILE ATONING 10-17-2016

  Twenty-four hours without food or drink is supposed to help focus the mind on the task at hand: atoning for the sins of the past year in hopes ...

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• JANET YELLEN IS YOUR FRIEND 09-28-2016

  我没有见过珍妮特•耶伦(Janet Yellen)，但她似乎是一个非常友好的人. 然而，出于某种原因，每当她暗示，投资者似乎都会感到恐慌 ...

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• GIVE US YOUR POOR 09-16-2016

  在安吉利斯消耗的大部分能量用于评估, 分析和判断投资经理. 这是yabo亚博网站登录首页的核心竞争力，而且 ...

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• FALLING BEHIND 08-25-2016

  It's good to be tall.高个子的人往往受教育程度更高, earn more over their careers, 在社会等级中是否更高, and live ...

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• NEGATIVE NEGATIVE IS POSITIVE 08-22-2016

  房地产只是整体经济的一小部分, contributing only about 5% to GDP (although includingall the ancillary and related services ...

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• 2ND QUARTER 2016 - FISSION 07-26-2016

  University of Chicago is known for its excellent academics, not so much for its athletic prowess. But that wasnt always the case. One hundred years ...

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• RUPTURE 06-28-2016

  [nota bene: this is a long one; if you don't have time, just skip to the summary at the end. I promise, no hard feelings.]The political experts ...

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• LA JUSTICE? 06-07-2016

  我不是法国人，也不是律师. 所以我肯定不是法国律师. 这些事实可能是显而易见的，但我把它们作为一种可能的解释 ...

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• FLOATING OIL 05-24-2016

  今年油价有了不错的复苏(见布伦特原油价格图表), YTD), 今天油价上涨18%，至每桶48美元以上. 当然，这仍远低于 ...

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• HOUSING HAS LEGS 05-24-2016

  Surprisingly strong housing numbers out this morning: new single-family homes rose 16.4月份的增长率为6%，年增长率为61.6万(见下图) ...

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• INSIDE THE TRIANGLE 05-23-2016

  复杂性使得投资如此具有挑战性. Unlike the pure sciences, 投资中没有残酷的事实, 没有可发现的公理决定 ...

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