TLDR

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.

Joey Politano, an economics analyst and the mind behind the Apricitas newsletter, joins the discussion to unpack labor market trends. He sheds light on the implications of a frozen job market and what it reveals about financial futures. The conversation also touches on the staggering wealth accumulation of Oracle's Larry Ellison, driven by booming AI developments. Plus, insights into the financial impacts of wildfires and their effects on productivity offer a sobering view of both the economy and the environment.

Kyla Scanlon, an economy commentator and author of 'In This Economy,' joins the discussion to dissect the ongoing tensions between Trump and the Federal Reserve. She shares insights on how these dynamics could impact Canada. The conversation turns to the surprising stock success of Build-A-Bear, which saw a 1,700% increase over five years, thanks to innovative adaptations. They also explore the shifting narratives in AI investment, revealing a more cautious perspective from industry leaders.

Xuan Liu, a top professional poker player, shares her fascinating journey from immigrant to high-stakes cash game expert. She offers insightful perspectives on risk management, comparing the emotional responses in both poker and investing. The discussion also touches on the evolving landscape of cryptocurrency, balancing high-risk options with more stable investments. Liu emphasizes the importance of analytical skills and emotional intelligence for success, proving that understanding risk can be a game-changer in both poker and finance.

The housing market is in turmoil, yet innovative companies are emerging to help aspiring homeowners, often with unexpected cost-sharing strategies. Meanwhile, the pet industry is thriving, particularly through designer doodle dogs, revealing a quirky aspect of consumer culture. A personal journey blends financial decision-making with the desire for memorable experiences, such as buying a whimsical camper. The conversation highlights the balance between enjoying life and securing a financial future, urging a focus on meaningful investments over material purchases.

Rob Carrick, a personal finance columnist for The Globe and Mail with 27 years of experience, shares invaluable insights before his retirement. He discusses the daunting job market for new graduates, analyzing the disconnect in job opportunities and the need for adaptability. Carrick also emphasizes automating savings as a pathway to wealth for younger generations. The conversation touches on the rising costs of coffee and explores potential alternatives while blending humor with essential financial advice. Perfect for anyone eager to navigate the complexities of modern finance!

Mark Blyth, a political economist from Brown University and author of 'Inflation, A Guide for Users and Losers,' dives into how U.S. economic policies are threatening Canada's sovereignty. He unpacks the rising tariffs and their broader implications. The conversation also ventures into the luxury goods market, revealing why certain collectibles, like the iconic Birkin bag, are facing declines while others, like Rolex watches, are in flux. Lastly, a cautionary tale unfolds about religious scammers who tried their hand at cryptocurrency, leading to unexpected chaos.

Meme stocks are everywhere these days. What’s it like to set one off? On this week’s TLDR, we speak with Eric Jackson, a small-time hedge fund manager who made $OPEN go viral — and who, by the way, rejects the idea that it's a meme stock. Plus, those $100m AI pay packages — how real are they? And how can Devin get one? And, could Edmonton hold the key to Canada’s housing woes?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/tldrThe 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.

Join Dan Tersigni, Director of Digital Advice at Wealthsimple, as he tackles your pressing money questions with expert advice. Discover strategies for managing retirement portfolios amidst economic uncertainties. Learn about the importance of diversification in securing your investments. Dive into a listener's dilemma on whether to pay down a mortgage or invest. Plus, unpack the balance between enjoying life now and saving for tomorrow. Dan also sheds light on the challenges of stock-picking versus index investing, offering valuable insights for financial stability.

Arshy Mann, co-founder of The Hatchet, dives into the turbulent world of tariffs and trade, emphasizing the ongoing conflicts between Canada and the U.S. He outlines how Canadian officials are maneuvering through the latest challenges posed by rising tariffs. Additionally, Arshy discusses the intriguing rise of novelty merchandise at movie theaters, such as collectible popcorn buckets, and how theaters are enhancing experiences to appeal to younger audiences. It's a lively conversation filled with insights on both trade and entertainment!