TLDR

Of all the tasty money news this week, the most satisfying was the TACO trade. (For the uninitiated, that’s “Trump Always Chickens Out.”) On this week’s TLDR, we look at the art and science behind the move — and whether its popularity might spell its demise. Plus, we do a deep dive into FinTok archetypes to help decode the personal finance advice proliferating on social media. And, we learn about the remote working scheme that… helped fund the North Korean regime?! We’ve got it all.This episode was hosted by Devin Friedman, former hedgefunder Matthew Karasz, journalist Claire Porter Robbins and author Jared Sullivan. 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.

John Cassidy, a staff writer at the New Yorker and author of "Capitalism and Its Critics," dives into the current job market crisis. He discusses how AI is altering job recruitment and the emotional toll it takes on seekers. Cassidy also reflects on the historical evolution of capitalism, linking it to today's economic challenges and critiques. The conversation touches on the struggles over technological displacement, suggesting that while capitalism can drive progress, it also needs reform to address its exploitative tendencies.

Dive into the fascinating shift known as the "Ozempicification" of our diets, transforming how we approach weight loss and consumer behavior. Discover how this trend has led to the bankruptcy of Weight Watchers and impacted the food and fitness industries. Explore the decline in alcohol consumption among younger generations and the rise of non-alcoholic beverages. Tackle the tension between economic indicators and public sentiment in Canada, as well as the complexities of potential recessions amid trade tensions. It's a wild ride through diet, drink, and dollars!

In this discussion, Swapnil Parikh, Vice President of Product at Wealthsimple, shares insights on the recent U.S.-China tariff reductions and their ripple effects on global trade and retail. He dives into how one cargo ship encapsulates the challenges businesses face in navigating these changes. The conversation also turns to Warren Buffett's imminent retirement, exploring his lasting influence and the principles that shaped his investment legacy. Additionally, they analyze the dynamics between retail and institutional traders in today's volatile markets.

John McKenzie, CEO of TMX Group, shares insights on Canada’s housing market slump, highlighting a startling 23% drop in Toronto condo sales. He discusses the mixed signals of the economy, addressing the unique challenges of declining property values and rising interest rates. McKenzie also dives into the evolving role of stock exchanges, emphasizing the shift towards data services over traditional transaction revenues. The conversation concludes with a look at potential economic reforms and the need for infrastructure investments to spark growth.

The snap election has come and gone, and now we get to wade through the aftermath. On this week’s TLDR, we’re joined by Politico’s Nick Taylor-Vaisey to discuss what it all means for the future of the Canadian economy. Plus, we look at what’s been happening in markets while we’ve been focused on the government. 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.

Jonathan Pedneault, Co-leader of the Green Party of Canada, shares insights into his party's economic platform as the election approaches. He discusses Canada's economic struggles and the vital need for government assistance, reflecting on personal experiences with social benefits. The conversation touches on the decline of entrepreneurship and proposes solutions to stimulate growth. Pedneault also advocates for a financial transactions tax to enhance economic equity and emphasizes the importance of bold actions for Canada’s future prosperity.

Ahead of Monday's election, Wealthsimple CEO Mike Katchen interviews Pierre Poilievre about his party's economic platform.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.

Ahead of Monday's election, Wealthsimple CEO Mike Katchen interviews Peter Julian about his party's economic platform.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.

We've got a big election coming up. And we wanted to know how the major parties intend to handle the issues most important to you, our listeners. So we called them up. 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.