Blog :: 03-2020
DID YOU KNOW? There is a stress hormone called CORTISOL that is concentrated in your tears. You literally cry out your stress... (Thanks to Linda Feinstein from COMPASS in Hinsdale for sharing!)
DID YOU KNOW? Regardless of advances in the world's ability to collect data, the World Uncertainty Index, which has been measuring economic uncertainty in 143 countries since 1996, had a reading of 371.24, the highest in the history of this index. It was 130.41 in the last quarter of 2015. (World Uncertainty Index)
DID YOU KNOW? Two-thirds of investors believed that geopolitics, rather than fundamentals, were driving equity markets. (UBS)
"There is often a disconnect between what people are worrying about and what the data is actually showing." - David Bailin, Chief Investment Officer, Citi Private Bank
DID YOU KNOW? The concept of ownership, once at the center point of luxury consumption, has evolved from owning luxury to experiencing luxury ownership. Consignment stores, rental or subscription models are not completely new but their sharp rise supported by technology is highlighting some key questions around this phenomenon once seen by luxury houses as weakening their brand value and fuelling the counterfeit market. (Altiant)
DID YOU KNOW? How do those worth $30-million-plus allocate their assets? According to a recent Knight Frank survey of 620 private bankers and wealth advisors who between them manage US$3.3 trillion of private client wealth, 27% goes to investment property, 23% to equities, 17% to bonds and fixed income, 11% cash/currencies, 8% private equity, 5% collectibles and 3,5% to precious metals.