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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: January 8, 2024
Recession alarm with no false positives
There has never been an incidence in history where the US Conference Board Leading Economic Index (LEI) had a six-month average growth rate sub -4.5%, and the US economy did not enter an NBER-defined recession. The six-month smoothed LEI growth … Continue reading
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