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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

This chart shows how the cost of cable has exploded over time

Akin Oyedele

This chart, from RBC Capital Markets' Investment Strategy Playbook for July, is quite something.

With little pause, the cost of a cable subscription has exploded over the years.

We know that people are ditching pay TV for cheaper, contract-free streaming options like Netflix.

And, according to data provided to BI Intelligence, the gap between the number of TV and internet subscribers keeps widening, with more people opting for broadband-only packages.

Screen Shot 2015 07 04 at 1.19.53 PM
Screen Shot 2015 07 04 at 1.19.53 PM

(RBC Capital Markets)

NOW WATCH: Don't Be Afraid To Cancel Cable — Here's How To Get All The Programs You Love



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