Bitten By Bearishness: Charts

(Bloomberg Gadfly) -- Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From a CLO surge to the new wireless normal, here are four charts that tell you what you need to know in business today.

And don't miss Shira Ovide and Sarah Halzack on WeWork's purchase of Lord & Taylor's Manhattan flagship: "On its face, it seems like a classic tale of "out with the old, in with the new." But a better way of looking at this deal is that it exposes a key contrast crystallizing in two major industries: Retail is being forced to get realistic about threats to its business model, while technology startups -- or those that can pass for one -- are still dwelling in a fantasy land."

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.

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