5 from 5i: How to Use Cash in a Portfolio

Michael Huynh Sep 01, 2023
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Market View 

The Federal Reserve’s new key inflation rate showed that core price pressures cooled further in July, but core services prices heated up. In addition, Canada’s economic growth unexpectedly shrinks in the second quarter, cementing the case for the central bank to hold rates steady. The Canadian dollar was 73.58 cents USD. The U.S. S&P500 ended the week up 1.9%, while the TSX was up 3.3%.


All sectors rose this week. Technology and energy added 7.3% and 5.4%, respectively, while materials added 3.7% and consumer discretionary gained 3.2%. Financials edged up 2.7%, and industrials rose 1.5%. Consumer discretionary ended the week adding 0.9%. The most heavily traded shares by volume were Canopy Growth, Tilray Brands, and Great-West Lifeco.


5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!


Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.



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