While the market was digesting mixed signals from the broader economy the TSX composite index managed to scratch out a 161 point gain to finish the Aug. 23-27 period at 11,879.72. The stronger period came despite Canadian retail sales sliding and corporate profits being off for the first time in four quarters. That bad news, however, was buttressed by word that home prices showed a 14% year-over-year gain and a growing consensus that the Bank of Canada will not raise rates as much as originally expected over the coming 12 months.
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