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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: July 11, 2016
The IEX mission explained
My partner and I founded our independent, investment counsel company in 2003 in order to provide a fiduciary, financial advice and savings management service, that was devoted to the best interests of clients above all else. Our service model was, … Continue reading
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Subprime 2.0: real estate fund redemption suspensions spread
Thanks to 8 years of low rates and lax lending, backed by government underwriting, realty prices in places like Canada, Australia, New Zealand, parts of the US, and Britain have boomed. For those who know history and the classic earmarks … Continue reading
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