TLDR What Happens When the Housing Bubble Bursts?
Sep 24, 2025
Brent Donnelly, president of Spectra Markets and seasoned trader, dives into the potentially troubled Canadian housing market. He believes a serious correction is on the horizon, driven by rising unemployment and market fragility. Brent explains how real estate declines could lead to banking stress, while emphasizing practical investing strategies in a fragile environment. Additionally, discussions on TikTok's U.S. deal and the evolving landscape of prediction markets and sports betting add layers to this intriguing conversation.
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TikTok US Spin-Off Raises Big Unknowns
- The rumored TikTok U.S. deal would spin off a U.S.-only app with an adapted algorithm and majority U.S. ownership.
- Sarah Rieger notes uncertainty about governance, algorithm changes, and cross-border user interactions.
Deal May Solve Data Risk, Not Cultural Impact
- The US sought to ban TikTok over national security concerns tied to ByteDance and a Chinese golden share.
- Sarah says a U.S.-owned app could address data concerns but won't change TikTok's cultural influence.
Prediction Markets Are Closer To Markets Than Casinos
- Prediction markets match bettors against other users instead of the house, lowering the implicit fee.
- Matt Karasz says this makes prediction markets more like financial markets and attractive for skilled bettors.
