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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: February 21, 2014
“Dismal” US housing trends disappointing the bulls
Existing home sales fell more than 5 percent in January and home builder confidence continues to wane. CNBC’s Diana Olick reports on the “dismal” housing data.Here is a direct video link.
Global slowdown weighing on commodity currencies
The Aussie dollar may slide toward the low 60 U.S. cent area in 2015, Deutsche Bank AG said in a report this week. Of course, the downtrend has been running now since global manufacturing peaked last in 2011, but recognition … Continue reading
Danielle in conversation with author Larry Doyle
Today I spoke with former Wall Street trader Larry Doyle about his important new book, “In Bed With Wall Street. The Conspiracy Crippling Our Global Economy. You can order the book on Amazon here. Well worth the read. Here is … Continue reading