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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: May 17, 2017
The other side of today’s record debts are asset bubbles
This important article Canada’s Middle Class is on the brink of ruin, should be read with empathy, but also with recognition of the practices and behaviors that have strip-mined families for short-term spending at the expense of the country’s longer … Continue reading
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Words to the wise: don’t wait until the recession happens to make changes
Automakers have widespread shutdowns planned for the summer to adjust to the U.S. car market’s recent slowdown. As shown below, in April auto sales contracted in the three largest global markets, for the first time since the 2008-09 recession. The … Continue reading
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Next bright idea: floating solar fields
When you’re trying to generate a lot more solar power, you’re limited by the size and heft of those big solar panels. Where can you put them? The answer so far has been the desert, or on rooftops. There have … Continue reading
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