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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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.
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