25 financial and media stories you may have missed last week

What We've Been Reading - Week of August 7

Markets & Economy:

• American Paradox: It’s Never Been Cheaper for Cities and States to Borrow Money...And They Refuse to Do It (WSJ)
  
• Ben Bernanke on the Fed’s shifting view on the economy (Brookings)
  
• NYT on Jefferies (NYT)
  
• IEA: World Oil Glut Has Disappeared (WSJ)
  
• Top executives continue to depart Alphabet (Quartz)
  

Asset Management:

• Has Wall St. been tamed? (NYT Magazine)
  
• New rules and fresh headaches for short-term borrowers (WSJ)
  
• How are hedge funds doing? Bloomberg’s Matt Levine discusses the Barclays report (Bloomberg)
  
• Hedge fund underperformance comes from low-dispersion and high-correlation (Business Insider)
  
• Money market funds scramble ahead of SEC’s floating NAV rule (InvestmentNews)
  
• When Should You Publicize AUA Over AUM? (Financial Advisor IQ)
  
• Real estate overthrows large-cap equities as top-performing strategy (Pensions & Investments)
  
• The Titanic Risks of the Retirement System (Bloomberg)
  

Long Reads:

• The seven year short: Hedge fund betting against Yuan devaluation refuses to quit (Bloomberg)
  

Alternatives:

• Hedge funds pose gains for fifth consecutive month: HFR
  
• MassPRIM talks about how they approach hedge fund investing (Institutional Investor)
  
• Preqin Survey: PE managers optimistic about industry’s prospects (FinAlts)
  
• Barclays debunks the prevailing wisdom on hedge funds (Bloomberg)
  

Media Industry and Journalism:

• Jon Oliver’s segment on the state of journalism (HBO)
  
• Bloomberg remains No. 1 in video (TalkingBizNews)
  
• Newspapers rethink paywalls (AFP)
  
• Turner invests $45 million in Refinery29 (Bloomberg)
  
• Disney buys $1 billion stake in BAM Tech for streaming (Recode)
  
• Arianna Huffington to Leave the Huffington Post (WSJ)
  
• ​What CEOs are reading (McKinsey)