Coaches Corner

Last week, the S&P/TSX Composite Index

was down (0.61%), while the S&P 500

was up 0.53%. Year-to-date the S&P/TSX

Composite and the S&P 500 are up,

11.07% and 4.66%, respectively.

Info Tech and Consumer Discretionary

were the strongest Canadian financial

sectors last week, both up 1.74% and

0.50%, respectively. Energy was the

weakest, down (3.73%).

In Canada, we’ll get clues about economic

growth early in the third quarter thanks to

important data for the month of July. Bank

of Canada Governor Stephen Poloz is

scheduled to give a speech on Tuesday.

In the U.S., all eyes will be on the Federal

Reserve as it weighs whether or not to

resume interest rate hikes after last

December’s increase.

MARKET NEWS Canada

The Teranet–National Bank National Composite House Price Index rose 1.5% in August, thanks to monthly gains in seven of the eleven regions covered.

Manufacturing shipments rose 0.1% in July buoyed by increases in 9 of the 21 broad industries.

International securities transactions data showed foreign investors increasing their holdings of Canadian securities by C$5.2 bn in July.

Household debt rose 2% in Q2, the biggest quarterly jump in five years.

United States

Retail sales fell 0.3% in August after an upwardly revised 0.1% increase the prior month.

Industrial production fell 0.4% in August after a downwardly revised print of +0.6% the prior month.

The consumer price index rose 0.2% in August even though both energy and food prices remained unchanged.

The producer price index was flat in August, restrained by declines for food and energy.

World

The Bank of England left monetary policy unchanged at its meeting this week.

Resource: National Bank

Canada

Overnight 0.50%

Bank of Canada 0.75%

Prime Rate 2.70%

Next Meeting: Oct. 19, 2016

United States

Fed Fund Rates 0.50%

Discount Rate 1.00%

Prime Rate 3.50%

Next Meeting: Sept. 21, 2016

Monday September 19, 2016

MARKET INDICATORS & TRENDS (As at September 16, 2016)

INDEX MTD YTD 2015 2014

S&P/TSX 14,450.69 -1.01% 11.07% -11.09% 7.42%

S&P 500 2,139.16 -1.46% 4.66% -0.73% 11.39%

MSCI EAFE 1,664.77 -1.23% -3.00% -3.30% -7.35%

MSCI World 1,696.31 -1.35% 2.02% -2.74% 2.93%

SPOT (USD) MTD YTD 2015 2014

CAD $0.7568 -0.68% 4.75% -16.18% -8.32%

Euro $1.1159 0.12% 2.76% -10.26% -12.18%

Gold $1,310.20 -0.52% 23.58% -10.46% -1.51%

Oil – WTI $43.03 -0.30% 16.17% -30.47% -45.87%

Gas $2.95 5.59% 26.14% -19.11% -31.70%

INDEX MTD YTD 2015 2014

DEX Universe 1,033.60 -1.07% 3.90% 3.52% 8.79%

DEX Short Term 697.90 -0.03% 1.22% 2.62% 3.06%

DEX Mid Term 1,131.30 -0.79% 3.65% 4.85% 9.17%

DEX Long Term 1,673.90 -2.64% 7.75% 3.80% 17.47%

Monday Morning Quarterback | Monday September 19, 2016

UPCOMING DATES

Sep 19 NAHB Housing Market Index (US) Sep 21 Wholesale Trade Sales MoM (CA) Sep 23 Retail Sales MoM (CA)

Sep 20 Housing Starts (US) Sep 21 FOMC Rate Decision (US) Sep 23 Retail Sales Ex Auto MoM (CA)

Sep 20 Housing Starts MoM (US) Sep 22 Chicago Fed Nat Activity Index (US) Sep 23 CPI NSA MoM (CA)

Sep 20 Building Permits (US) Sep 22 Initial Jobless Claims (US) Sep 23 CPI YoY (CA)

Sep 20 Building Permits MoM (US) Sep 22 Existing Home Sales (US) Sep 23 CPI Core MoM//YoY (CA)

Sep 21 MBA Mortgage Applications (US) Sep 22 Existing Home Sales MoM (US) Sep 23 Markit US Manufacturing PMI (US)

S&P / TSX SECTOR PERFORMANCE (As at September 16, 2016)

SECTOR MTD YTD

Financials -1.02% 6.46%

Energy -4.00% 16.06%

Materials 1.19% 46.83%

Industrial -2.56% 15.03%

Consumer Discretionary -1.14% 4.75%

Telecom Services -2.07% 15.86%

Information Technology -1.64% 1.48%

Consumer Staples -3.44% 9.64%

Utilities -1.01% 12.92%

Health Care -3.84% -35.87%

SAVINGS ACCOUNTS (As at September 19, 2016)

FUND CODE RATE

B2B High Interest Investment Account* BTB 100 (A) 0.80%

BTB 100 (F) 1.05%

Equitable Bank* EQB 100 (A) 1.05%

EQB 200 (F) 1.30%

Hollis Investment Savings DYN 500 (A) 0.75%

DYN 550 (F) 1.00%

Home Trust High Interest Savings* HOM 100 (A) 1.05%

HOM 101 (F) 1.30%

Manulife Bank Premium Investment Savings* MIP 501 (A) 1.00%

MIP 601 (F) 1.25%

*Nominee accounts only

GIC RATES─RSP COMPOUNDING (As at September 19, 2016)

1 YEAR 3 YEARS 5 YEARS

B2B 1.30% 1.77% 1.86%

Bank of Nova Scotia 1.40% 1.65% 2.00%

CDN Western Bank 1.25% 1.55% 1.75%

Effort Trust 1.60% 1.90% 2.00%

Laurentian Trust 1.30% 1.77% 1.86%

Manulife Bank 1.15% 1.45% 1.70%

National Bank 1.30% 1.50% 1.71%

Standard Life n/a 0.80% 1.25%