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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 28, 2015
Fed ‘stimulus’ lost in transit
Another morning another farcical levered ramp in risk markets purportedly on the revelation that the US central bank will not be hiking policy rates soon because the economy is weak. News this is not. Evidence of the global slowdown has … Continue reading
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Used clothes booming
After the credit-rush, consumers everywhere are looking for intelligent ways to spend less: reduce, reuse, recycle. The world is awash in the supply of most things and entrepreneurs are figuring out creative new ways to find willing buyers. This is … Continue reading
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Asset bubbles never last: not one, ever
It’s the same precursors everywhere: risky loans underwritten by governments, bubbling realty prices and precariously indebted households…the mean reversions once they start, tend to be swift and violent. Sahil Mahtani, analyst at Deutsche Bank, likens the London real estate market … Continue reading
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