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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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Monthly Archives: September 2012
QE3 will hurt not help housing recovery
Jonathan Miller, president of Miller Samuel Inc., talks about the impact of Federal Reserve monetary policy on the housing market. Here is a direct link.
The madness of money “professionals” and benchmarking
Jason Trennert, chief investment strategist at Strategas Research Partners, appeared on Bloomberg this morning explaining why he thinks the US is entering recession along with Europe, Japan and China in hard landing, and that this presents downside risk to earnings, … Continue reading
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