Prices of basic needs for living have soared in the US in the past few years while discretionary items have become cheaper. For example, housing prices are unaffordable in many parts of the country. Though shelter is the most basic need of any human being it is very expensive and housing costs continue to rise …
Continue reading ‘Price Changes of Consumer Goods and Services in the US from 1998 To 2019’ »
A picture is worth a thousand words the saying goes. The respected Der Spiegel of Germany is known for its excellent graphics. While doing some research I came across the below cover illustration: Click to enlarge Source: Joe Biden’s Almost Impossible Task, Der Spiegel
The Covid-19 vaccine created by Pfizer (PFE) and BioNTech(BNTX) uses a new technology called mRNA which stands for message RNA. But what are RNA vaccines and how do they work? The following is a fantastic infographic from Compound Interest that explain the details. Here is how the CDC defines mRNA vaccines: New Approach to Vaccines mRNA …
Continue reading ‘Covid-19 RNA Vaccines – What Are They and How Do They Work: Infographic’ »
The corporate tax rate in the U.S. has declined steadily since the 1960s. The rate has declined from over 40% during that period to 21% this year. Lower taxes does not necessarily mean more productive investment by a company. Instead of spending on R&D and other long-term investments most firms spend more of their profits …
Continue reading ‘US Corporate Taxes vs. Dividends and Stock Buybacks’ »
The trading bloc between the US, Canada and Mexico is one of the largest in the world. The three countries are covered by the United States-Mexico-Canada Agreement (USMCA) agreement that replaced North American Free Trade Agreement (NAFTA) earlier this year. The agreement allows for free flow of goods and services between the countries. The benefits of the …
Continue reading ‘20 Facts About The North American Economy: Infographic’ »