Morning Wire Corporations Done with DEI & College Football Preview | 8.19.23
Aug 19, 2023
The podcast explores the diminishing role of DEI officers in big corporations, with major firms reconsidering their commitment to diversity initiatives. It also discusses the potential correction brewing in the apartment market as values face challenges. Shifting trends in office rentals are highlighted, with increasing vacancies and surplus spaces. As college football gears up for a high-stakes season, the impacts of NIL deals and conference realignments are examined, showcasing the evolving financial landscape and the anticipation of top team performances.
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Decline of DEI Roles
- DEI officers, once highly sought after, are now facing job cuts.
- This shift is due to economic downturns, political backlash, and legal challenges.
Apartment Market Downturn
- Apartment building values, after a 24% spike in 2022, have dropped 14% this year.
- This decline is attributed to cooling rent prices, rising interest rates, and persistent inflation.
College Football Preview
- Georgia leads preseason polls in college football, seeking a third consecutive national title.
- Michigan, Ohio State, Alabama, and LSU round out the top five.