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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Monthly Archives: May 2009
Remember all those rocks and trees we were selling?
Over-supply is a harsh condition. Demand destruction is part of the self-correcting mechanism, but sometimes over-supply is so extreme, once-hot commodities become a burden to store and are literally sent to the scrap pile. Given that most of the people … Continue reading
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Time's 100 Most influential people in 2008
This month, Time magazine published its 5th annual list of the leaders, thinkers, heroes, artists and scientists who were most influential in 2008. You can scroll through one page articles on each nominee on the web site. I find it … Continue reading
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Managing risk in an uncertain world
Fellow portfolio manager, John Hussman of Hussman funds is one of my favourite market commentators. His weekly market comment is especially on point this week: “Comfortable with uncertainty.” Although Hussman's methodology is different than my firms, our stated investment objectives … Continue reading
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