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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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Monthly Archives: February 2019
Financial strain driving independence impulses worldwide
Debt was a cohesive force in the early years of the European common currency union, as have-less countries saw their standards of living rise. In truth, this was being purchased with unsustainable levels of borrowed money, however, so that same … Continue reading
Container-free shampoo
When consumers refuse to buy products in plastic containers we drive the change needed. Alternatives are available when we look for them. This plastic-free shampoo is like a Tide pod for your hair pic.twitter.com/Rp6WHfh9rr — INSIDER (@thisisinsider) February 4, 2019
Canadian mortgage growth slowing: good for households, bad for banks
Good news, Canadian mortgage growth is finally coming off the frenzied boil of recent years. As shown below, according to the Bank of Canada, Canadian residential mortgage growth rose 3.1% year over year in December to $1.55 trillion, the slowest … Continue reading