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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 21, 2015
Power to people, directly from the sun
How about on demand printing of solar cells? See: Paper thin printed solar cells could provide power to 1.3 billion people. “The cost of solar power has declined dramatically over the past few decades, from $40 per watt in 1977 … Continue reading
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Fifth anniversary of Dodd-Frank financial reforms
Senator Elizabeth Warren explains some small victories of financial reforms to date, but reminds that most of the structural changes needed are yet to be accomplished. Here is a direct video link. The greatest failure of Dodd-Frank is that it … Continue reading
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Chinese market shows folly of central bank intervention
The charade of Chinese publicly traded markets reveals the folly of central planners believing they can control and sustain prices where they want them. At best they may buy some time to extend and pretend. But in the end they … Continue reading
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