Financial News Roundup - Week of June 17, 2018

What We've Been Reading - Week of June 17

Markets, Economy & Corporate News

• The bull market’s next test, slower earnings growth (WSJ)
  
• How U.S. tax reform rewards companies that shift profits to tax havens (Reuters)
  
• Maybe the Big Four auditing firms do need to be broken up (Bloomberg)
  
• Angelo Mozilo Is Unrepentant. But There’s No Second Act for the Head of Defunct Lender (WSJ)
  

Asset/Wealth Management:

• Money Manager’s Steadfast Ability to Pay Themselves (WSJ)
  
• The Big Bank You’re Using Is Probably Ripping You Off (Vice)
  
• Young Rich People Are Seeking More Advice on Crypto from Wealth Managers (Bloomberg)
  
• Wells Fargo to Restructure Wealth Management Business (WSJ)
  
• “The Megaphone Effect” - AllianceBernstein details how it plans to engage with management of portfolio companies without becoming an activist investor (AllianceBernstein)
  

Alternatives:

• When Past Performance Actually Is a Guide to Future Results (WSJ)
  
• On your own, but with Mom and Dad footing the bill (CNBC)
  
• Does Apollo Need Investors? (Institutional Investor)
  
• PE Lags Other Asset Classes in Sustainable Opportunities (PEI)
  

Media Industry & Journalism:

• Study: Charts change hearts and minds better than words do (Washington Post)
  
• The Calm Before the Crash (The Baffler)
  
• Goodbye, Denver Post. Hello, Blockchain (NYT)
  
• New LA Times owner wants to compete with New York Times and Washington Post (NPR)
  
• Surprise! Experts way more trusted than celebrities on social media (Axios)
  

Technology:

• Bitcoin Could Break the Internet, Central Bank Overseer Says (Bloomberg)
  
• Finally a Good Place to Put Your Bitcoins (Bloomberg)
  
• Why Your Tech Fund Might Be Selling Facebook And Alphabet In September (Forbes)