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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: June 1, 2017
Fire alarm deafening, masses not listening yet
This morning as the financial sales force dominates the airwaves with all the usual assurances that there are no reasons to be defensive of our savings and no signs of a bear market or recession coming [ever again], some factual … Continue reading
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Human behavior very reliable
Happy June! Words to reflect on as we enter the new month: be careful what trends you are banking on. See Why every housing bubble looks like the new normal: “The Toronto housing market was in a precarious place in … Continue reading
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