My Weekly Financial News Roundup for the week of Jan. 2, 2017

What We've Been Reading - Week of Jan. 2

Markets & Economy:

• Investors Soured on Emerging Markets in 2016 (WSJ)
  
• Millennials think the Trump economy is going to implode (Bloomberg)
  
• China doubles down on defending its currency (WSJ)
  

Asset/Wealth Management:

• Can Donald Trump breathe life into actively managed funds? (InvestmentNews)
  
• Fidelity embraces ETFs (WSJ)
  
• Hedge fund secrecy spurned by ABN Amro’s $27 billion pension pot (Bloomberg)
  
• WSJ: It’s time for investor fees to go even lower (WSJ)
  
• Bridgewater’s Ray Dalio reacts to a Wall Street Journal article (LinkedIn)
  
• Brokers once disdained independent financial advisors. Now they copy them. (WSJ)
  
• How Merrill tamed its herd, pushing brokers to pitch bank products (WSJ)
  

Alternatives:

• Clients Want Hedge Funds But Not Their Big Bets (WSJ)
  
• No one questioned this hedge fund’s Madoff-like returns (Bloomberg)
  

Media Industry and Journalism:

• In New Jersey, only a few media watchdogs are left (NYT)
  
• ALM Lays Off Senior Editors (Bloomberg BNA)
  
• Medium lays of 50, shutters NYC and DC offices (AdWeek)
  
• Apple removes NYT from app store in China (NYT)
  
• Facebook hires Campbell Brown (NYT)