Navigating through IMG, several prerequisites, frequent changes, and outdated user guides made it even difficult. Note: HCM_LOC_CI_107 has several other business functions as prerequisites, so all of them will be activated. AVP, Wealth Advisory Services. The Canadian Emergency Response Benefit (CERB) was recently extended by four weeks to September 27. An L-shaped recovery signifies a sharp decline with a very weak and drawn out economic recovery. The letter “K” has also recently entered our vocabulary and it has more to do with what’s happening within our recovering economy. We cannot say for sure what will happen on November 3, and warn that placing a bet either way can be risky. With a substantial number of Canadians out of work and participating in CERB (24.68 million applications received as of August 24, 20201), there is a good chance that at least a few folks within your bubble have been experiencing short-term financial hardship. They are the top right arm of the “K”. Have the Democrats veered into far left territory or do they have a socialist agenda? those outside the tech bucket) start to outperform. The other policy types were left as-is remove them as needed. The support will likely last in some form until COVID-19 is controlled. In this blog, I will talk about a few prerequisites and set up PCC using the new configuration Workbench (CWB). for additional details on activating a business function, EC Setup, ECP OData configurations, and batch user creation required for PCC set up but not covered in this blog). This is great information and easy to follow. At CWB Wealth Management, we pride ourselves on offering financial peace of mind for all of life. 2) Several blogs linked have the old configuration screens, so please replace those configuration screens with the new CWB functionality. We often get questions around election time, and the rhetoric in this particular election cycle has been off the charts. On the top left side of the screen are different objects. Now if only I can find the time to work on it! Our goal in consolidating oversight of insight distribution is to ensure that all of our clients can benefit from the tremendous depth of our collective experience within CWB’s wealth organization. Loop North News Coverage of River North, Loop. Over the same period, the S&P has delivered total returns of 97%. Step 3 in Manage Processes is to select policies. After the system is updated, there are individual decisions that a customer needs to make to use PCC: Configuration Workbench (CWB) depending on whether you are a New PCC Customer or an Existing PCC Customer. I will try updating the blog if I notice any changes to the information provided here in the blog. To some, this has actually boosted the amount of money in their pockets by cutting down on expensive commutes, parking fees, dining out to name a few. Alibaba has only recently rallied as the IPO announcement of Ant Financial having a $200-300 billion valuation led to renewed excitement for the company. Double click on the step to see additional details for that step. For example, we distribute Grow Together, as a quarterly newsletter through our CWB Wealth Management channel. Tencent is the market leader when it comes to digital gaming, entertainment (music and video), and also owns the most widely used digital messaging platform in China – WeChat.

This volume of thought leadership is impressive – I’m not aware of a more prolific private wealth organization in Canada – but it’s the quality that we are really proud of. Since January 2020, Amazon is up 84% compared to 36% for Alibaba.


The hope is that our V-shaped recovery continues. Technology stocks have been leading the way in the markets for 2020, but another theme that has come to the forefront has been the move in precious metals, such as gold. Despite all of this, Alibaba’s market cap is $782 billion and trades at ~29x forward P/E while Amazon’s market capitalization is $1.7 trillion and trades at nearly 62x. Those in this group who have not been laid off or furloughed are more likely to be unable to work from home. Go to the EC system and navigate to the “Payroll” and “Manage Processes” tab to create a new process. We don’t need to look back any further than the beginning of the COVID-19 pandemic to remind ourselves how difficult it is to time the market’s behavior.

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