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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: July 29, 2015
The universal math of negative cash flow
The surest way to a reversal of financial fortunes is through negative cash flow (spending more than you earn). And over the past couple of years, cash flow has been plunging all over a highly levered (indebted) world. The first … Continue reading
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