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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 27, 2015
The case for treating environmental initiatives like a war effort
Media campaigns during the Second World War mobilized and inspired citizens to work together to lower waste and increase efficiency for the collective good. Similar thinking is needed on our environment. They are still crunching the numbers, but according to … Continue reading
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Deficits undermining budgets and asset values
As unfunded liabilities and debts mount, pressure to cut services and raise property taxes will continue and increasingly deter potential buyers from cash-strapped areas. (Indeed finding an area that is not cash-strapped today is no small feat!) Not good for … Continue reading
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Understanding the weight of today’s epic global credit bubble
Marc Faber, publisher of the “Gloom, Boom and Doom” Report, examines China’s economic slowdown and what he sees as an “epic” credit bubble in the nation. Here is a direct video link. For more important insight on the weight of … Continue reading
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