Power Loss

Fly Charts: GE's Breakup Case and Citi's Fourth-Quarter Fail

From Facebook's feed shift to the rise of crypto hedge funds, here are four charts that tell you what you need to know in business today.
Photographer: Simon Dawson/Bloomberg
GENERAL ELECTRIC CO
-0.13
At Closing, February 23th
14.49 USD
FACEBOOK INC-A
+4.30
At Closing, February 23th
183.29 USD

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Facebook's feed shift to the rise of crypto hedge funds, here are four charts that tell you what you need to know in business today.

The Un-Simple Life

GE is finally seriously considering a radical breakup. It's about time.

Source: Bloomberg

Relatively Inexpensive

Citi's big fourth-quarter loss makes for a bad headline. But it's worth looking past it.

Source: Bloomberg, Company filings

*BofA, Morgan Stanley and Goldman data as of Q3, remaining banks as of Q4

Counterpoint

Facebook's new strategy is making some investors nervous. But if recent history is any guide, it may not stick.

Source: Gadfly calculations from Facebook disclosures

Dry January

Cryptocurrency hedge funds are increasingly cropping up. But are they ready for a down market?

Source: Bloomberg

And don't miss Nir Kaissar on the hidden conflicts of discount brokers: "...the conflicts are buried in fine print on their websites. Discount brokers don’t require their representatives to talk about pay incentives with clients, according to the Journal, and for good reason. Investors are more likely to buy investment products from “financial consultants” -- as some discount brokers call their representatives -- who purport to act in their best interests than from salespeople who push investments that are most lucrative for the firm and themselves."

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:
    Daniel Niemi at dniemi1@bloomberg.net

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