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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
Monthly Archives: August 2015
Sharing economy comes to farming
After the credit-rush, people everywhere are adjusting to the reality of less free cash flow. Some 90% of North American households are today servicing about twice as much debt on the same level of income as they earned 25 years … Continue reading
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Central banks are the master of financial disaster
Another big swing day in global markets as HFT traders go wild and the media hangs on every syllable of central bank speak. The global sell off to date has been vicious and abrupt and as usual, has knocked most … Continue reading
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Commodity countries: boom to bust
As the China miracle continues to mean-revert what many in the world had misconceived as insatiable demand, sober insights on the commodities/credit boom now busting in Australia offers similar warnings for Canada and other commodity centric nations. See: First the … Continue reading
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