TLDR

Will Trump Change the Canadian Economy?

Nov 13, 2024

Following the recent U.S. election, the podcast dives into the stock market's reaction, highlighting record highs and contrasting initial bearish sentiments. It explores the implications of Trump's proposed tariffs on trade with Canada, weighing the benefits for American industries against potential price hikes for consumers. A special guest shares insights on betting strategies during elections, revealing how traders profit from political outcomes. The hosts discuss industry-specific winners and losers, focusing on how policy changes could reshape the economic landscape.

23:06

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Quick takeaways

The surge in U.S. stock prices post-election indicates investor optimism regarding potential policy changes under the Trump administration.

The anticipated tariffs from the U.S. could significantly impact the Canadian economy by raising prices and jeopardizing Canadian exports.

Deep dives

Market Reactions to Election Results

Following the election, significant market movements were observed, indicating a robust response to the political outcome. U.S. stocks surged immediately after the election results, reflecting investors' optimism about potential policy changes under the new administration. Key indicators, such as rising bond yields and a declining euro, point to market confidence in favorable economic conditions. These shifts highlight the strong correlation between political events and market sentiment, influencing investment decisions across various sectors.

Intro

2min

Betting on Political Futures

8min

Market Reactions to Election Results

4min

Market Winners and Losers Under a Trump Presidency

2min

Economic Effects of Trump's Tariff Policies

5min

Tariff Talk and Trade Relations between Canada and the U.S.

3min

Since last week’s election, the U.S. stock market’s been hovering around record highs. On this week’s TLDR, we look at what the market seems to think is coming from the Trump administration. Plus, we try to anticipate what U.S. tariffs could mean for Canada. And, one of Matt’s former colleagues made a killing betting on election markets. He breaks down his strategy for us.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz. 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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