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Fintech's Bitcoin Crutch: Charts

Fintech's Bitcoin Crutch: Charts

(Bloomberg Gadfly) -- Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From India's mobile movement to the greening of China, here are four charts that tell you what you need to know in business today.

Fintech's Bitcoin Crutch: Charts
Fintech's Bitcoin Crutch: Charts
Fintech's Bitcoin Crutch: Charts
Fintech's Bitcoin Crutch: Charts

And don't miss Stephen Gandel on how firms are actually using the Trump tax cuts: "Overall, companies have announced plans for just less than 80 percent of their tax savings. Add those retained earnings, which also boost the value of companies' shares, to increases in buybacks and dividends, and roughly 60 percent of the gains from the tax bill are going to shareholders, compared with 15 percent for employees. That includes increases in benefits as well as salaries. Philanthropic pledges account for less than 3 percent."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

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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