It has been a quiet end to the week, as stocks were mostly silent with investors awaiting the start of the annual gathering of central bankers at Jackson Hole, Wyoming. The 'Big Banks' have started to report earnings. Strong quarterly results from CIBC (CM) helped boost the financial sector. Canada’s fifth-biggest lender posted a rise in quarterly profit, beating analysts’ estimates, as a strong performance from its retail business offset a weaker showing at its capital markets division. Royal Bank (RY) reported a rise in third-quarter profit, helped by double-digit growth at its wealth management business which offset a weaker showing in its capital markets unit. The TMX Group (X) said it is seeking guidance from securities regulators as to how to deal with marijuana companies listed in Canada with interests in the U.S., where the business remains federally illegal. Here are five stories we found interesting this week:
- The role of the Advisor in guiding the ETF investor
- If you want to live-off solely dividends, start early and save more.
- Concerned over a market crash? These are some charts to watch.
- Fund obesity can be just as unhealthy as human obesity.
- If your favourite holding period isnt "forever", here are a few more 'when to sell' inputs.
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