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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: June 2, 2012
Pimcos El-Erian on synchronous global slowdown
PIMCO’s Mohamed El-Erian talks about the May jobs report the global economy and the “fiscal cliff.” Here is a direct link.
Posted in Main Page
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The math of loss
A client sent me this cartoon. Funny. But also very common to hear this kind of nonsense math from many financial types and “stock-pickers”. When they talk confidently enough… some people actually seem to believe them.
Posted in Main Page
3 Comments