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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: August 19, 2016
Excessive shelter costs weigh on consumer spending
Oh Canada…who would’a thought that using huge loans to pay a fortune for housing, cars and everything else would usher in an extended consumer spending slump? Why everyone who is not paid to ignore the math, of course! Watch this … Continue reading
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