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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: October 6, 2015
Canadian households vulnerable in recession
With Canadian home ownership rates already the highest in the world (69% in the latest Stat’s Can survey from 2011), politicians/brokers/financiers continue to plot how best to get even more Canadians buying real estate at record low rates and record … Continue reading
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Renewables winning efficiency arm wrestle
Wind power is now the cheapest electricity to produce in both Germany and the U.K., even without government subsidies, according to a new analysis by Bloomberg New Energy Finance (BNEF)–the first time that threshold has been crossed by a G7 … Continue reading
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Faber on downside of Fed’s colossal asset bubble
Gloom, Boom & Doom Report Editor Marc Faber discusses how low interest rates have helped to raise asset prices. Here is a direct video link.
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