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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 20, 2015
America weaning off its addiction to oil
Bloomberg offers an interactive series of charts showing why oil demand is falling while production is climbing. There are several key factors and trends driving this secular shift. You can see them here.
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TED: sustainocene, new dawn for humans: personalized energy
Very exciting time in human evolution… A new epoch, characterized by ecological, environmental integrity and economic balance might be possible through a decentralized carbon-neutral energy system. Daniel Nocera describes his incredible discovery: how to emulate photosynthesis, to store energy in … Continue reading
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Misplaced bets unwinding out of commodities
Gold and other commodities ran the normal speculative course from under-loved and ignored in 2001 to over-loved and hoarded by 2011. Today millions of misplaced bets are continuing to unwind as would-be investors exit the space in losses and disgust. … Continue reading
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