Follow
____________________________
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$68 million in the first three months of the fiscal year.
@business
Daily Archives: October 7, 2015
Dealer: “VW fraud dwarf’s Ponzi and Madoff combined”
As we discussed in Further thoughts on the emissions Scandal, the VW fraud is of epic proportions and will have compounded costs over at least several quarters for the company and Germany’s (therefore Europe’s) leading sector. See, New VW CEO: … Continue reading
Posted in Main Page
Comments Off on Dealer: “VW fraud dwarf’s Ponzi and Madoff combined”
Oil hopes spring eternal
Weakening economic data continues to undermine the case for a 2015 US rate hike (despite naive hopes of the Fed). The U$ rally (underway since 2008) has responded with consolidation over the past couple of weeks. This on top of … Continue reading
Posted in Main Page
Comments Off on Oil hopes spring eternal
;
