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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: July 2014
Life goal to shoot for: be helpful
An NGO created as a Community Service Centre for marginalized families in urban slum and rural areas, Aarambh, wanted to help students who are not as privileged, with basic facilities, in order for them to be more comfortable at school. … Continue reading
Bonds have more fun in July
North American investment grade bond prices have rallied strongly this month, even as stocks have levitated on 3 guys computers trading. The benchmark US 10 year Treasury is nearing the next downside test at 2.4%. Meanwhile other key risk-on bets … Continue reading
Secular bear big picture update
I have long appreciated Ed Easterling’s excellent and detailed historical data, some of which can be seen at Crestmont Research. At the end of June he updated the valuation measurements for the S&P 500 and notes that while stocks gained … Continue reading