Fly Charts: Goldman's Looming Shift and Big-Oil Opportunism
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From an overdue breakup at Johnson Controls to India's banking bog, here are four charts that tell you what you need to know in business today.
And don't miss Lionel Laurent on the increasingly bank-like tech sector: "Google offers payments; Apple Inc. invests its cash in company securities; Amazon.com Inc. lends money and offers account balances in-store; Alibaba Group Holding Ltd. manages customer funds like an asset manager. Many seem quite comfortable nibbling at the best bits of finance without actually taking on the burden of being a licensed bank."
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