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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
Daily Archives: July 16, 2015
Icahan: Fed and long-always funds pushing capital over a cliff
The clip below offers some incredibly rare, candid commentary on the massive capital risks presently embedded in long always products and marketers. I am not generally a fan of Carl Icahn, but what he says in public here about BlackRock … Continue reading
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The embarrassment of executive riches
From 1978 to 2014, executive compensation at American firms increased 997%, compared with 10.9% for the average worker compensation. This is not about some people working harder than others, or critics being envious of high earners. This is about a … Continue reading
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Demographics not supporting Canadian home prices
Illuminating article from Ben Rabidoux in the Globe today, pointing out that the pace of home construction in Canada is far surpassing the growth of the workforce. New housing starts are currently building more than 2 new homes for every … Continue reading
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