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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
Category Archives: Main Page
Food and energy innovation are here to help
We recently completed rooftop solar, which allows us to run operations and vehicles on sunshine. Technology is here to improve efficiency and lower waste for all sectors of the economy—a much-needed bright spot ☀️. Smart food production powered by renewable … Continue reading
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Housing bust and tariffs hitting highly leveraged economy
The spreading downturn in real estate is the typical and foreseeable mean reversion of the speculative mania that prevailed through the years of near-zero interest rates. The condo market in two of Canada’s big cities has taken a major downturn. … Continue reading
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Mayhem continues
A 90-day pause on embargo-style US-China trade tariffs has revived bullish spirits. The large-cap S&P 500 (black below), with its one-third weight in tech companies (“Magnificent Seven” companies in orange), has rebounded 18% since April 8—now flat year to date … Continue reading
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