Earnings seasons is starting to wind down and overall results have been decent. Suncor Energy (SU) is helping the TSX close out a nice week. SU shares gained after the company said it expected production to rise by more than 13% next year and spending to fall by more than $1B. Enercare (ECI) announced that it has adopted a DRIP. Marijuana stocks posted large swings, led by Canopy Growth (CGC). Avigilon posted a strong quarter and shares were up 39% with a big beat vs estimates. Federal Reserve Chair Janet Yellen said the central bank could raise interest rates “relatively soon,” and was prepared to adjust its outlook as the new administration takes shape. Here are a few links we found interesting this week:

1. Risk adverse investors should monitor fund flows and irony in low volatility ETFs.
2. A look inside Goldman Sach's crystal ball for 2017.
3. Corporate class funds still offer investors tax efficiency, despite upcoming changes.
4. Confused by the markets? Here are three facts that are always true.
5. A nice takeaway from the EBI conference: distinguish between passive/active and cheap/expensive.

ICYMI, 5i Research's managing partner, Ryan Modesto appeared on Market Call on November 25.