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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
Monthly Archives: March 2016
Bill Black on the ongoing price of systemic bank fraud
Facts must be faced in order to reform and recover. Sugar-coating polite comments about all of this, is not helpful. This interview is a worthwhile update. We have roughly 25 of these systemically dangerous institutions in the United States. We … Continue reading
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Debt and demographics exerting secular weight
Good discussion in this clip about demographic and debt weights which are depressing global demand even as monetary theorists have done their best to ‘add even more debt and stir’. Robert Sinche, global strategist at Amherst Pierpont Securities, discusses China’s … Continue reading
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The thing about growth and the recent risk rally
The Atlanta Fed GDPNow model forecast for US real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 came in at 0.6% on March 28, down from 1.4% on March 24. The next update is due tomorrow … Continue reading
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