The three major expenditure categories that were covered with your tax dollar in 2017 were: health, military and interest in debt.Transportation received the least amount of tax dollars. No wonder much of the transportation infrastructure is in dire need of repair and rebuilding. Other areas that received less tax dollars are education and science.
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Source: National Priorities
The US lags Russia in the number of icebreakers. In the arctic Russia dominates with a fleet size of 46 while the US has only 5.
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Source: 2019 Index of U.S. Military Strength, Heritage
There have been nine bull and bear markets in the Canadian equity market since 1957. Like in other countries, bull markets have been longer than bear markets with the average bull market lasting 70 months with an average return of over 141%. Similarly the average bear market lasted about 12 months with an average loss of over 30%.
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Source: Dynamic Funds, Canada
Ever wonder what fits in one rail car? The following infographic shows how much a rail car holds for some of the items:
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Source: AAR
The major North American listed railroads are:
Disclosure: Long CNI, CSX, UNP and NSC
The Apple iPhone XS Max retails for $1,099. But the total cost of all the parts that form the phone costs only $390 according to an article in the journal. The markups on iPhones in general is huge and so this phone is also not an exception.
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Source: What’s Inside the New iPhone, WSJ
Its not only Apple(AAPL) that add high markups to its products. Another example is Starbucks (SBUX) which charges a huge premium for its coffee. As long as the market is willing to pay the quoted price companies are free to charge as much as they want.
Disclosure: No positions