Fly Charts: Leaky Bankers and Gilead's Thermospheric Deal
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From hurricane indifference to the daunting challenges facing Uber's new leader here are four charts that explain what you need to know in business today.
And don't miss Stephen Gandel on the hidden dangers of passive investing: "The rising stock market, and the fact that index funds have beaten every variety of their active rivals, could be blinding investors to increasing damage that indexing is already doing, and could still do, to the market and the economy. The real concern is not just that actively managed funds could disappear but that the entire market could be left for dead."
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