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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: June 20, 2017
The cost of pushing assets up
Important points covered in this segment. “Fed up” author, and former Dallas Fed insider, Danielle Dimartino Booth explains the harm done by central bank policies that have incented mal-investment for individuals and corporations, leaving households and the economy weakened and … Continue reading
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Well earned trouble ‘Down Under’
Australia is a beautiful country full of great people now entering the payback period for a decade of financially suicidal decisions. Et tu, Canada? See Avocado Toast looks a better bet than Australian housing: Some are waking up to the … Continue reading
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Oil breaking bad (some more)
West Texas Crude is down another 2% so far this morning, back to levels seen last in November 2016. The song remains the same: slow global demand and gushing supply all over the planet. Data on Friday showed a record … Continue reading
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