Fly Charts: Paying for Harvey and Best Buy's Unlikely Persistence
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From UnitedHealth's M&A vision to the many potential crimes of indexing, here are four charts that tell you what you need to know in business today.
And don't miss Chris Bryant on the march of de-equitization: "Factors that affect intrinsic value (earnings) are endlessly debated, as are the impact of central bank asset purchases on stock prices. But rare is the market report that begins: 'The price of equities rose today because there weren’t as many good ones to buy.'"
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