What we’re reading (1/2)
“Fisher Investments In Sale Talks” (Wall Street Journal). “Advent International is in talks to acquire Fisher Investments, the money-management firm known for its ubiquitous advertisements, according to people familiar with the matter.”
“Apple Shares Fall 4% After Barclays Downgrade” (CNBC). “Barclays analyst Tim Long wrote in a note to clients Tuesday that the iPhone 15′s current ‘lackluster’ sales, specifically in China, presaged similarly weak iPhone 16 sales — weakness that Long expects will hold true for Apple’s hardware sales broadly.”
“Millennials May Be The Real Winners Of Baby Boomers’ Pandemic Wealth Accumulation” (CreditNews). “Millennials own a small fraction of America’s real estate wealth, but that could change in the coming decade as they inherit trillions of dollars in property from their boomer parents.”
“Is America On The Mend?” (New York Times). “The big question in the years that followed was whether America would ever fully recover from that shock. In 2023 we got the answer: yes. Our economy and society have, in fact, healed remarkably well. The big remaining question is when, if ever, the public will be ready to accept the good news.”
“The Seven Biggest Work Trends Of 2023” (BBC). “The mainstreaming of hybrid set-ups means workers still have unprecedented flexibility and are unlikely to lose it entirely. Kastle Systems, which tracks employee access-card swipes for many businesses, has shown office attendance in 2023 is still a fraction of what it was pre-pandemic. Going forward, many jobs will have a hybrid schedule – a privilege formerly afforded to a select few, mostly senior employees.”
