An oil tanker is loaded at Saudi Aramco's Ras Tanura oil refinery and terminal in Saudi Arabia. OPEC continues to shift toward fighting for market share over preserving prices.

Andy Williams was wrong. Back to school is the most wonderful time of the year.

Here are five things to know this week:

Red means go: Disappointing job growth in both Canada and the United States is ratcheting up the prospect of rate cuts, and that helped cement a stock and bond rally last week. The Toronto Stock Exchange is on an eight-session hot streak and crossed above 29,000 intraday for the first time ever, thanks to gold stocks. Gold surged to a record high , taking its cue from rate-cut projections after the U.S. added significantly fewer jobs than expected and revisions meant June saw job losses

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