Financial News Roundup - Week of Dec. 4

What We've Been Reading - Week of Dec. 4

Markets & Economy:

• Trump economic plan will send U.S. into recession says hedge fund manager (Forbes)
  
• Coca-Cola’s counterintuitive game plan: shrink revenues (II)
  
• Supreme Court clarifies insider trading rules (Bloomberg)
  
• China banks are hiding more than $2 trillion in loans (WSJ)
  
• US kids far less likely to out-earn their parents (NPR)
  

Asset/Wealth Management:

• Boring analyst reports are out, bold reports are in (Bloomberg)
  
• NYT Op-Ed: Dangers of concentration of institutional investors (NYT)
  
• The duo who dethroned Pimco (WSJ)
  
• How the Twinkie made the super rich even richer (NYT)
  

Long Reads:

• The berry harvests of Chernobyl (Aeon)
  
• Alphabet’s CFO Ruth Porat brings financial discipline to Google (Bloomberg Businessweek)
  
  ​Alternatives:
  
• NFL union starts VC fund with players as capital (Bloomberg)
  
• MassPRIM looks to add smaller hedge fund managers (Reuters)
  
• Cliffwater says 90% of hedge funds aren’t worth their fees (New York Post)
  
• Hedge fund closures on track for worst year since 2008 (Financial Times)
  
• Winners emerge in hedge fund industry despite rocky start to the year (Financial Times)
  
• Hedge funds are about to go on a hiring spree for a new type of talent (Business Insider)
  

Media Industry and Journalism:

• LinkedIn hires financial services editor (LinkedIn)
  
• 2016 Jealousy List (Bloomberg)
  
• Huffington Post names new top editor (CNN)