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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: April 9, 2025
Driving drunk without brakes
I’ve continuously pointed out the danger of asset bubbles because they commonly lead to a slippery slope of destructive behaviours, threatening the health and stability of individuals, businesses, and the economy. After a dramatic wipeout in March 2020, stock prices … Continue reading
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Rise in stressed homeowners leading prices lower
In March, the year-over-year change in new listings (yellow bars below) outpaced sales volumes (blue bars) in all major Canadian urban areas. See Canada’s homebuyers wait out trade war fallout: March saw more homebuyers retreating to the sidelines amid growing … Continue reading
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