Fly Charts: Averting Retail Apocalypse and Apple's Bundled Future
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From worrying echoes of '72 to bringing Starbucks to Kohl's, here are four charts that tell you what you need to know in business today.
And don't miss Lionel Laurent on big bitcoin exits: "The common thread here is the effort to portray selling as a noble act, not a cash grab. Maybe in these cases, it's true. But it's remarkably fortunate timing. Bitcoin has soared to $17,000 from $950 this year, and Litecoin to $330 from $4. There seems to be a broader trend here. There's been a drop in the number of ultra-fat Bitcoin holdings, owned by the market whales, at exactly the time when Wall Street is desperate to play in the Bitcoin casino and ordinary punters are mortgaging their house to bet on a hot crypto tip."
Programming Note: Fly Charts is taking a vacation and will return on January 3. See you in the New Year!
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