Shattered Glass-Steagall

Fly Charts: Don't Stress About the Stress Tests

From coal's hold to central-bank confusion, here are four charts that tell you what you need to know in business today.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From coal's hold to central-bank confusion, here are four charts that tell you what you need to know in business today.

Close Call

A few banks had a close call on the Fed's annual stress test, but it's not a sign that Glass-Steagall should come back.

Source: Federal Reserve

Bustin' Loose

Confusing central bank communications -- including Mario Draghi's newly discovered hawkishness -- are creating a big market mess.

Source: Bloomberg

Store Count

Walgreens's revised deal will give it a much smaller store lead over CVS, and may lead to more interesting M&A.

Source: Bloomberg

Q1 2017 store counts

Grid Inertia

Coal is still vitally important in China, but its heyday is unlikely to last.

Source: National Bureau of Statistics of China, Gadfly calculations

And don't miss Tim Culpan's video on the iPhone's 10th birthday: "One thing that hasn't changed is Apple's reliance on China -- and Taiwan's Foxconn Technology Group -- to make what is now the company's most important product. The iPhone's introduction was a boon to the Chinese cities where it's assembled, prompting countries from Indonesia to Brazil to try to replicate the model. Now U.S. President Donald Trump wants in on the action. That's not likely to pan out as he hopes." 

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Mark Gongloff at mgongloff1@bloomberg.net

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE