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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: September 2011
Author and NYT columnist Tom Friedman on what America can do now
New York Times columnist Thomas Friedman talked about GOP frontrunner Rick Perry and his views on global warming on Piers Morgan Tonight last night. The whole segment was excellent and focused on his ideas about how America can rebuild itself … Continue reading
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Test and fail, test and fail, rinse and repeat?
Technician Cory provides this updated look at the Canadian TSX composite as a barometer for the global risk trade and notes that since the peak last March, each interim rally has failed at previous resistance and broken lower. This is … Continue reading
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Bounce day (again) as the global financial crisis billows
This PBS feature includes good discussion on some of the key dynamics prompting the global cyclical bear market in risk assets today. There is also a growing realization that the US debt ceiling is approaching the limit again in early … Continue reading
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