TLDR

Is Stock Trading Becoming a Teen Sport?

Jul 16, 2024

Financial educator Kyla Scanlon joins the hosts to discuss the trend of younger Canadians getting into stock trading. The podcast delves into the booming berry market, the rising cost of childcare, the growth of retail investors, and the impact of product recalls on manufacturers and businesses.

20:08

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Episode guests

Kyla Scanlon

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Episode notes

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Quick takeaways

Gen Z is increasingly engaging in stock trading, driven by easy access to information and mobile apps.

Product recalls can have severe financial impacts on businesses, affecting reputation and consumer trust.

Deep dives

The Berry Market Boom

The berry market is experiencing significant growth with the U .S. berry market worth $9 billion, up over 40% in the past five years. Not only are berry sales higher than other fruits, but they are also growing rapidly. Driscoll's, a leading berry producer, has introduced 'Swedish Batch' berries, genetically modified to be extremely sweet and priced at a premium, making up 20% of blueberry sales.

Intro

2min

The Booming Berry Market

5min

Rising Cost of Childcare and the Growth of Retail Investors

9min

Analyzing the Surge in Product Recalls and Their Impact on Manufacturers

2min

Exploring the Impact of Recent Product Recalls and Investing Insights

3min

Investors are starting to trade stocks younger and younger. On this week’s TLDR, we look at what’s behind this retail trading boom — and why it doesn’t seem to be going anywhere. And, how berries became so expensive, and why everyone (especially parents) keeps on buying them. Plus, what product recalls really cost companies.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swapnil Parikh. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr

The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

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