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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 2012
US yields not buying Fed’s latest “stimulus”
“QE-infinity” is apparently not convincing the US bond market. After rising this summer on the expectation of more Fed easing, this month 10-year yields are once again signaling deflation for the foreseeable future. Central bank jaw-boning aside, this chart shows … Continue reading
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Toronto Resource Investment Conference 2012
I will be speaking at the Cambridge House show this Thurs (at 1pm) and Fri (at 1:30pm) in Toronto. You can register to attend on the Cambridge House website here in advance of the show. Do say hello if you … Continue reading
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Austerity not cutting the debt yet
The table below shows that Italy’s monthly deficit is rapidly expanding from €2 billion/month in 1999 (prior to joining the EMU), to €9.5 billion/month over the last nine months. Let that one settle in: Italy is now borrowing nearly 10 … Continue reading
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