Financial News Roundup for the Week of July 8, 2018

What We’ve Been Reading – Week of July 8​

Markets, Economy & Corporate News

• Behind the Debt Binge That Now Threatens Markets (Bloomberg)
• One third of sovereign funds plan to cut equity holdings, cite trade wars (Reuters)
• One Sure Way to Hurt the U.S. Economy? Cut Immigration (Bloomberg)
• Swedroe: Passive Investing Demonized (ETF.com)
• It’s funny how companies see clearly without GAAP in their eyes (Bloomberg)

Asset/Wealth Management:

• What Generation X needs to focus on to retire successfully (CNBC)
• Why Are Young Billionaires So Boring? (Bloomberg)
• Here’s Why There Aren’t More Women in Asset and Wealth Management (TheStreet)
• Wall Street Competes With Unregulated Banks for the Riskiest Loans (Bloomberg)

Alternatives:

• Hedge Funds Should Be Thriving Right Now. They Aren’t. (NYT)
• Billionaire’s Secret Buyout Formula: 110 Instructions and an Intelligence Test – (WSJ)
• Merger arb funds feel the pain from trade war crossfire (Bloomberg)
• How Private Equity Firms Are Solving Their Growth Problem (WSJ)

Media Industry and Journalism:

• The Disney-Comcast TV Drama Could Have More Twists Yet (WSJ)
• ‘No comment’: The death of business reporting (WaPo)
• Q&AA: Maria Bartiromo Takes Stock (AdAge)
• Can blockchain save journalism? Manoush Zomorodi doesn’t know, either, but she’s going to find out. (ReCode)

Long Reads:

• Disastrous Deal Staggers Trump Ally Thomas Barrack (Forbes)
• Future Trends (Axios)
• Acadia Pharmaceuticals: This is not a pharmaceutical company (SIRF)
• How a Tiny Bank From the Ozarks Got Big and Outpaced Wall Street’s Real Estate Machine (Bloomberg Businessweek)
• The Sexting Scandal That Toppled One of America’s Most Powerful Lawyers (WSJ)

Technology:

• Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras (NYT)
• The worst cybersecurity breaches of 2018 so far (Wired)
• Sorry, Power-Lunchers. This Restaurant is a Co-Working Space Now. (NYT)
• “Google Was Not a Normal Place”: Brin, Page, and Mayer on the Accidental Birth of the Company That Changed Everything (VF Hive)

Crisis Communications:

• Papa John’s Founder Used N-Word On Conference Call (Forbes)