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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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Monthly Archives: November 2015
Some history on realty busts: Canada not immune
I still recall in 1980, when my middle class parents bought three rental houses in one weekend because the values had fallen 50% and the rental income generously covered the maintenance costs. At that point, there were few buyers willing … Continue reading
Danielle on This Week in Money
Danielle was a guest on This Week in Money with Jim Goddard on the weekend, talking about recent developments in the world economy and markets. Danielle was the second guest on the show beginning at 8:08 on the play bar. … Continue reading
Varoufakis and McWIlliams discuss Europe and ‘Brexit’
Refreshingly frank discussion: Irish economist, David McWilliams in conversation with Greece’s ex-Finance Minister, Yanis Varoufakis. In the first, Yanis speaks openly and frankly about the dysfunctional nature of European politics and why he fears the eurozone faces ‘disintegration’. In the … Continue reading