Longing To Be Long

Fly Charts: Misery for Shorts and Time Warner Fallout

From worrying about the wrong bonds to shrugging off bitcoin theft, here are four charts that tell you what you need to know in business today.
Photographer: Andrew Harrer
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Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From worrying about the wrong bonds to shrugging off bitcoin theft, here are four charts that tell you what you need to know in business today.

Take Advantage?

Whether Time Warner's AT&T deal goes through or blows up, smaller media companies are likely to become acquisition targets.

Source: Bloomberg

Comes and Goes

There are plenty of reasons to be skeptical about junk bonds. But people tend to focus on the wrong ones.

Source: Bloomberg

Note: Flows through Nov. 20, 2017.

Shorts Circuited

Shorting stocks is always a dangerous game. But it's been particularly disastrous in 2017.

Source: Bloomberg

Bitcoin Shrugged

Bitcoin fans shrugged off the latest theft. But even though it was small, the hack highlights that the currency's seeming stability is just a veneer.

Source: Bloomberg

And don't miss Shira Ovide on the fiction of net neutrality: "Those who have fought for net neutrality rules have held up the basic principle that no one should have an unfair advantage online. Giants like Amazon and the suburban dad inventing a new toy should have the same path to reach us electronically. The idea is Amazon can't pay Comcast Corp. to make sure Americans' web browsers speedily arrive at its toy section, while Comcast sticks the dad in a slow lane.  

"But like most high-minded principles, the ideals of net neutrality aren't reality. No matter what the FCC does, America's internet is not an equal place and it's only going to become less fair."

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

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