Fly Charts: A Broken Tax Trade and Smoked Tobacco Stocks
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Exxon's expensiveness to a short honeymoon at GE, here are four charts that tell you what you need to know in business today.
And don't miss Lisa Abramowicz on why the bond market is ignoring Washington's fireworks: "On one hand, this dichotomy of political tumult paired with financial torpor on Wall Street seems at odds. But these two polar opposites are related. The more that President Donald Trump devolves into finger-pointing and raging on Twitter, the less that gets done that could influence markets."
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