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Cory’s Chart Corner
Wow...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 @DiMartinoBoothDanielle DiMartino Booth @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.
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Daily Archives: March 26, 2012
Volatility plunging to April low again?
This really is starting to look like that old film classic Groundhog Day or is it more like Texas Chainsaw Massacre? Sauved by the soft sounds of reassuring Central bankers, volatility has plunged to complacent lows once more just as … Continue reading
Economic indicators worsen while the risk crowd roars
As risk markets screamed higher on more dope-hope from the US Fed today, the US housing data continues to be uniformly bleak. (Well actually economic data has been disappointing 2 for 1 to any upside surprise in each release this … Continue reading
Lobbyists undermining US democracy
Sad but true. For the love of democracy….get lobbying money out of congress. It is indefensible. See the direct link here.