Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From swiping left on dating apps to trouble in mall jewelry land, here are four charts that tell you what you need to know in business today. 

Good as It Gets
One reason Vanguard's record inflows may not last? The U.S. stock market is doing even better than people realize -- and that’s unlikely to continue forever.
Source: Bloomberg
From Bad to Worse
Signet's new CEO can help the company move past a series of scandals. But fixing the company's core business is the truly difficult part.
Source: Bloomberg
Lagging Behind
Trian has stopped short of calling for a breakup of P&G. But it's time to reconsider.
Source: Trian Fund Management, SEC filings
Swipe Right
Switching from Tinder's business model to something closer to YouTube's has been exceedingly smart for Momo.
Source: Bloomberg Gadfly, Momo company statements

And don't miss Gillian Tan breakdown of private equity's Game of Thrones: "Shareholders in the firms themselves as well as investors in private equity funds -- mostly pension funds, sovereign wealth funds and family offices -- generally relish any clarity regarding succession, if only because it provides a sense of stability and continuity. An added bonus for fund investors is the potential proliferation of new firms led by executives who may be disgruntled by the succession process."

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

To contact the editor responsible for this story:
Mark Gongloff at