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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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Monthly Archives: September 2015
The long rise and rapid fall of Volkswagen
Some useful perspective on Volkswagen and its importance to Germany and hence Europe, comes this week courtesy of John Mauldin: This is not a small company. It is the largest company in Germany, and Germany is the largest economy in … Continue reading
Icahn warns of markets on ‘treacherous path’
Whatever else one may think about Carl Icahn, he makes many excellent points in this refreshingly candid 15 minute video. The observations about Wall Street [and Bay Street] and ETF mammoths (Larry Fink et al) who get rich selling risk … Continue reading
Even more reasons to move to electric cars (as if we needed more)
The emissions fraud scandal is spreading (as we suspected it would), with revelations of overstated fuel efficiency results across a host of manufacturers. See: Mercedes tops list of car companies overstating fuel economy. Others are complaining that this is making … Continue reading