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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: October 13, 2015
The truth about pay
This is not an anti-capitalist argument or about some people taking on more risk and earning appropriately more for their efforts. This is the opposite: where an extortion culture has flourished through publicly traded corporations over the past 30 years, … Continue reading
Aston Martin aspires to the ‘strong economics’ of electric engines
At last the penny has dropped on the overwhelming case for electric engines worldwide. It’s unbelievable how long it has taken the mainstream to recognize this. See: Aston Martin seeks ‘beauty and soul’ in all electric sports car. “Aston Martin … Continue reading
Margin update: forced selling underway
The ability and willingness to borrow to buy has always been a major driver of asset prices–up and down. But as we have highlighted over the past couple of years, it is hard to grasp the crazy extremes that borrowing … Continue reading