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 o...
Nov 13, 2024•23 min•Ep. 50
Goldman Sachs just put out a report predicting a stock market permafrost. On this week’s TLDR, we ask how scared we should be. Plus, long-time listeners know that TLDR co-host Matt Karasz loves his quarter zip sweaters. Menswear guru Derek Guy — @dieworkwear on X — puts Matt’s outfit of choice into sociological context. And, we take a look at why an AI superstock lost 50 billion USD in valuation. This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Mat...
Nov 06, 2024•26 min•Ep. 49
ETFs have long been known as “safe,” “boring” investments. What happens when they go rogue? On this week’s TLDR, a look at the boom in non-traditional ETFs, and how to keep your portfolio safe when investing in them. Plus, demand for nuclear energy is soaring. Will Saskatchewan (yes, Saskatchewan) be the big economic winner? And, the TLDR team goes deep on how fall became a money-making bonanza. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, former hedgefunder Matthew...
Oct 30, 2024•24 min•Ep. 48
There’s a new stock trading game out there — and Matthew and his finance bro friends are really, really bad at it. On this week’s TLDR, what their failures teach us about how hard it is to play the market… even if you know what the future holds. Plus, a look at how and why crypto industry money is flooding the U.S. election. And, what the aftermath of a coal disaster tells us about corporate power and the future of energy. This episode was hosted by Devin Friedman, business reporter Sarah Rieger...
Oct 23, 2024•25 min•Ep. 47
A carpenter named Chris made — and lost — hundreds of millions of dollars trading Tesla options. Now he’s suing a bank for damages. On this week’s TLDR, we look at how he claims he got into this mess, and what we can learn from his mistakes. Plus, we make sense of the online prediction markets where gamblers are betting big on the results of the US election. And, we ask if Google will be broken up — and if it would even matter. This episode was hosted by Devin Friedman, business reporter Sarah R...
Oct 16, 2024•26 min•Ep. 46
This week, TLDR comes to you live from the Paradise Theatre in Toronto, as our hosts chat with internationally renowned restaurateur and star of the Emmy-award winning show The Bear , Matty Matheson. Learn how Matty dropped out of cooking school, got himself out of tens of thousands of dollars worth of debt, and became the most successful chef entertainer in Canadian history. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hed...
Oct 09, 2024•27 min•Ep. 45
One of Canada’s biggest monopolies took a hit last week. On this week’s TLDR, what the Cineplex decision means for businesses, moviegoers and the future of hidden fees. And, is Mark Zuckerberg one of the most brilliant business leaders of our time? Matthew certainly thinks so. Plus, what the reopening of Three Mile Island tells us about the future of energy — and the tech industry. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and form...
Oct 02, 2024•22 min•Ep. 44
With housing costs continuing to skyrocket, the Canadian government has announced a new set of mortgage rules. On this week’s TLDR, the tricky economics of fixing the housing crisis. Plus, with the stock market soaring, a look at why some investors are sounding the alarm. And, a window into the money-making magic of the most successful YouTuber in the world, Mr. Beast. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunde...
Sep 25, 2024•24 min•Ep. 43
When it comes to investing, the general consensus has long been that markets are, generally speaking, pretty efficient. But… what if that’s all wrong? On this week’s TLDR, a look at the financial theory that’s dominated for decades, and why it might be time to change our thinking when it comes to markets. Plus, the European car market is on life support — can anything save it? And, are driverless cars the way of the future? This episode was hosted by Devin Friedman, business reporter Sarah Riege...
Sep 18, 2024•20 min•Ep. 42
Last week, viral TikTok videos showed Chase customers how to withdraw huge amounts of money from the ATM. The only problem? It was completely illegal. On this week’s TLDR, a look at the good, bad and ugly finance tips you can find on TikTok, and some tips for figuring out which is which. Plus, we examine the latest chapter in the Bank of Canada’s rate cutting journey. And, we take a dive into the extra-heated “Founder Mode” debate. This episode was hosted by Devin Friedman, business reporter Sar...
Sep 10, 2024•24 min•Ep. 41
Billionaire venture capitalist Peter Thiel was in the news this week for a very, er, controversial interview with Joe Rogan. On this week’s TLDR, how do Thiel’s political and social views square with his approach to investing? Plus, a look at the big cut Apple takes from app store users, and why it’s about to cost content creators even more. And, the reason that we will probably never be central bankers. This episode was hosted by Devin Friedman, financial educator Kyla Scanlon, former hedgefund...
Aug 27, 2024•24 min•Ep. 40
Why did one hiring decision send Starbucks’s stock way up — and Chipotle’s down? On this week’s TLDR, why the market believes the once-burrito, now-coffee CEO Brian Niccol has the magic touch. Plus, after years of swiping, users are turning away from their dating apps. Where are they going instead? And, a look at the tangled state of Canada’s temporary foreign worker program. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Prod...
Aug 20, 2024•26 min•Ep. 39
Last week, the stock market had its most volatile day in a long time. On this episode of TLDR, we break down the chaos and dig into some of the theories about why it happened. And, we look at which investors came out the strongest at the end of it all. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast...
Aug 13, 2024•24 min•Ep. 38
Since 2005, the average price of a home in Canada has tripled. On this week’s TLDR, award-winning journalist Michelle Cyca — who wrote the definitive piece on the subject, The End of Homeownership , for Maclean’s last year — tells us why and what happens next. This episode was hosted by Devin Friedman and business reporter Sarah Rieger. 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 informatio...
Aug 06, 2024•25 min•Ep. 37
A company you may or may not have heard of got a $23b offer from Google — and walked away. On this week’s TLDR, when should you say no to nine figures? Plus, how did a tobacco company become the best performing US investment in recent history? And, some divergent views on the wisdom of giving everybody free money. This episode was hosted by Devin Friedman, managing editor Kat Angus, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe ...
Jul 30, 2024•24 min•Ep. 36
A crackdown on car thefts in Ontario and Quebec has had some unintended consequences. On this week’s TLDR, why our cars keep getting stolen. And, after decades of financial success, Nike now seems like a brand in trouble. Is this the end of the line for the swoosh? Plus, making sense of the latest market reversal. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subsc...
Jul 23, 2024•22 min•Ep. 35
Investors are starting to trade stocks younger and younger. On this week’s TLDR, we look at what’s behind this retail trading boom — and why it doesn’t seem to be going anywhere. And, how berries became so expensive, and why everyone (especially parents) keeps on buying them. Plus, what product recalls really cost companies. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swapnil Parikh. Follow us on other platforms, or...
Jul 16, 2024•20 min•Ep. 34
Stocks have been rallying for a year and a half — and that’s making some investors nervous. On this week’s TLDR, we explore the wisdom behind investing in a bull market. Plus, a look at why Canadian home insurance prices have been soaring. And, a long strange trip through the finances of Las Vegas’s Sphere. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to...
Jul 09, 2024•26 min•Ep. 33
On this week’s TLDR, what one bad bet from Wells Fargo can teach us about how credit card companies make all their money. And, the children of the ultra-rich are getting their inheritances soon. How do they plan to invest their fortunes? Plus, Canada’s most storied comedy festival is cancelled — maybe forever? What this not-so-funny development tells us about the state of the arts. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, managing editor Kat Angus and former hed...
Jun 25, 2024•21 min•Ep. 32
What's been a better investment than Apple stock? Buying a professional sports team. This week, TLDR looks at the incredible returns on sports ownership, and why the NHL is trying to goose its numbers by... casting itself in a reality series. Plus, the Fed isn't doing the same thing as the BOC anymore — should we be worried? And, why we can't take our eyes off the succession drama at Paramount Global. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator K...
Jun 18, 2024•24 min•Ep. 31
Last week, the Bank of Canada finally gave investors a bit of relief… in the form of a .25% interest rate cut. On this week's TLDR, what this cut means for investors, savers and anyone trying to make sense of the global economy. And, how a memestocker sent GameStop soaring — and, for a brief moment, looked like he was possibly on course to become a billionaire. Plus, how Abercrombie & Fitch rebranded — and became one of the best performing stocks on the market. This episode was hosted by Devin F...
Jun 11, 2024•26 min•Ep. 30
The market’s been booming for months — but not everyone’s getting in on the action. On this week’s TLDR, what we can learn about investing from a sector that’s been left out of the rally. Plus, Indigo Books, Music and More was once one of the most trusted brands in Canada. Why did they fall so far, so fast? And finally, it’s book release week! Kyla and the team offer an overview of her long-awaited economics primer. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, finan...
Jun 04, 2024•21 min•Ep. 29
With home values and interest rates through the roof, who in their right mind would buy a house right now? Sarah Rieger, that’s who. On this week’s TLDR, fixed rates, variable rates, and the dream of sipping wine on your very own front porch. Plus, the AI gold rush has led to huge valuations for computing and tech companies. But who else is making out big? And, what killed Red Lobster? Hint: it wasn’t (just) all-you-can-eat shrimp. This episode was hosted by Devin Friedman, business reporter Sar...
May 28, 2024•22 min•Ep. 28
The central character of the 2021 GameStop frenzy tweeted a meme and the market went bananas. On this week’s TLDR, was the latest rally a sign that memestocks are alive and well? Or was it the last paroxysm of a bygone era? Plus, what the Canada-U.S. battle over softwood tariffs tells us about the trading relationship between the two countries. And, how OpenAI is shaping the future of artificial intelligence — and, possibly, human relationships. Editor's note: This episode was recorded on Friday...
May 21, 2024•22 min•Ep. 27
The stock market has approached all-time highs thanks to white-hot earnings reports. On this week’s TLDR, a look at what’s behind the good news. Plus, how regulators are — and aren’t — making sense of “Buy Now, Pay Later” apps. And, what the latest announcement from Nintendo tells us about the gaming industry — and Nintendo’s future. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other...
May 14, 2024•22 min•Ep. 26
A new lawsuit accuses Apollo Global Management of making “death bets” on senior citizens. On this week’s TLDR, the tangled — and at times unsavory — world of life insurance. Plus, why the only place left to buy a home might be P.E.I. And, the technology powering Domino’s Pizza’s supercharged earnings. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our w...
May 07, 2024•22 min•Ep. 25
Elon Musk has lost an eye-popping amount of money this year. On this week’s TLDR, a look at the investment strategy that made him all those billions of dollars in the first place. (Hint: it’s the opposite of what your financial advisor would recommend.) Plus, a look at StatCan’s new income exploration tool, which shows you how your salary ranks against your neighbor’s. And, how Bluey took over kids’ TV. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator...
Apr 30, 2024•23 min•Ep. 24
One of the best performing stocks of the past 25 years probably isn’t one you’d expect. On this week's TLDR, a deep dive into Monster, the energy drink company delivering caffeinated returns. Plus, a look at Amazon's distribution network and the disgruntled drivers who power it. And, why the Fed's not cutting rates any time soon and what it might mean for investors. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swap P...
Apr 23, 2024•24 min•Ep. 23
Gold prices are soaring and nobody’s totally sure why. On this week’s TLDR, a primer on the gold market and some theories about why it’s so hot right now. Plus: why it’s never been more expensive to own a car, and how Ozempic could transform medicine — and the snack food aisle. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linki...
Apr 16, 2024•20 min•Ep. 22
Congratulations on making it to the end of the fiscal quarter! To commemorate, we explain how markets soared, whether investors are crazed, and what might happen next. Oh, and we bring back the FOMO news quiz. See if you're smarter than our panel of TLDR news experts. And finally: help us win a Webby! Vote for the TLDR newsletter in the Business, Tech, and News category. This episode was hosted by TLDR newsletter managing editor Kat Angus, business reporter Sarah Rieger, financial educator Kyla ...
Apr 09, 2024•20 min•Ep. 21
