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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 22, 2024
Clamp down on short-term rentals
Limiting short-term rental properties increases housing inventory for primary occupancy, pressuring long-term rents and sale prices lower. This is a necessary part of helping to abate the housing affordability crisis. But it comes at the expense of highly leveraged owners … Continue reading
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2024 Round Table
A worthwhile discussion in this segment. During the macroeconomic segment of its 2024 edition, participants in DoubleLine Round Table Prime among other issues debate the seeming failure of the most telegraphed recession in history to materialize in 2023, the intersection … Continue reading
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