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   Plus: of course, inflation
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    ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
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               September 19, 2022
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               Made in Canada
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           </td>
          </tr>
          <tr>
           <td align="center" class="in-this-issue" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
             <tr>
              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               IN THIS ISSUE
              </td>
             </tr>
             <tr>
              <td class="in-this-issue-list" style="padding:0 0 4px" valign="top">
               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:16px 0 30px">
                  Estimated read time: 8 min
                 </td>
                </tr>
                <tr>
                 <td class="in-this-issue-item" style="padding:0 0 7px" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td aria-hidden="true" class="goomoji" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0" valign="top" width="42">
                     ✈️
                    </td>
                    <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:21px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                     Air Canada’s new planes
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td class="in-this-issue-item" style="padding:7px 0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td aria-hidden="true" class="goomoji" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0" valign="top" width="42">
                     🎩
                    </td>
                    <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:21px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                     Amazon’s old monopoly
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td class="in-this-issue-item" style="padding:7px 0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td aria-hidden="true" class="goomoji" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0" valign="top" width="42">
                     🏠
                    </td>
                    <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:21px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                     Housing’s same old headaches
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td align="center" class="whats-up-this-week" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
             <tr>
              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               WHAT HAPPENED LAST WEEK
              </td>
             </tr>
             <tr>
              <td class="in-this-issue-list" style="padding:30px 0 0" valign="top">
               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tr>
                 <td style="padding:0" valign="top">
                  <img alt="" border="0" class="responsive" height="360" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR_Art_540x360_091922.jpeg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:block;border-radius:15px" width="540"/>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 25px">
                  What is one thing that affected market sentiment this week? Survey says... | Wealthsimple
                 </td>
                </tr>
                <tr>
                 <td align="left" class="color-accent" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:150%;mso-line-height-rule:exactly;color:#5C8145;text-align:left;padding:0 0">
                  <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                   THE WEEK IN MARKETS
                  </span>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 0">
                  <p>
                   Pain was absolutely everywhere last week, with the three major U.S. stock indices finishing down from 4% to 6% and Tuesday marking the single-worst day for stocks since
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    June 2020
                   </a>
                   . Tech stocks suffered the most, with the Nasdaq 100 down more than 6% on the week and about 30% on the year. Big-name Silicon Valley shops like Meta (-13% to -57% on the year) took some particularly spectacular dives. Crypto fared
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    about as poorly
                   </a>
                   . The oil-heavy Canadian TSX did slightly better, finishing the week south 3% — down about 10% on the year. Which is comparatively good but still pretty ... eek. The cause for all this bloodletting was, of course, one
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    very hot U.S. inflation report
                   </a>
                   ...
                  </p>
                 </td>
                </tr>
                <tr>
                 <td align="left" class="color-accent" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:150%;mso-line-height-rule:exactly;color:#5C8145;text-align:left;padding:0 0">
                  <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                   IMPORTANT
                  </span>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 0">
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    That's right: inflation is inflating again. (We’re not just cutting and pasting this from old newsletters, we promise.)
                   </span>
                   Everyone’s been predicting a fall in inflation, but U.S. numbers didn’t care:
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    prices remained stubbornly high
                   </a>
                   . And if you look deeper, the core basket (which leaves out volatile food and gas and is more concerning to policymakers) surged. Bring on the predictions of jumbo rate hikes and recession.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Survey says ... investors are freaking out.
                   </span>
                   Even if you read it in
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    Steve Harvey
                   </a>
                   ’s (or
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    Gerry Dee’s
                   </a>
                   , if you prefer) voice, that doesn’t sound like a great sign. A highly anticipated
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    new Bank of America survey
                   </a>
                   shows
                   <strike>
                    people in Patagonia vests
                   </strike>
                   fund managers (people who invest other people's money) are taking less risk, stockpiling more cash, and holding fewer stocks than basically anytime in the past 20 years, including the financial crisis. But! The more optimistic read: all this selling could signal that we’re near the bottom.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Home prices keep falling, but affordability keeps getting worse.
                   </span>
                   Last week, the association of people who put their faces on their business cards
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    lowered their forecasts
                   </a>
                   for home prices after six straight months of falling values. The problem is those rate hikes — designed to slow the market — have caused mortgage rates to skyrocket so much that the month-to-month cost of owning a home is
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    the most unaffordable it’s been since 1981
                   </a>
                   . With more hikes on the way, it’s likely to get worse before it gets better.
                  </p>
                 </td>
                </tr>
                <tr>
                 <td align="left" class="color-accent" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:150%;mso-line-height-rule:exactly;color:#5C8145;text-align:left;padding:0">
                  <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                   INTERESTING
                  </span>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 4px">
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Anybody wanna buy some PharmaCoin?
                   </span>
                   Old-school private-equity firm KKR
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    tokenized a $4-billion health-care fund
                   </a>
                   . Along with opening private equity up to those who don’t know the feel of a gold toilet, moving to the blockchain lets investors see returns in under a decade, since you can now just sell your tokens to someone else. It’s the
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    latest
                   </a>
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    example
                   </a>
                   of a traditional company using the blockchain to do something, well, traditional.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Amazon had itself a real week of monopoly accusations.
                   </span>
                   First,
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    California filed an antitrust suit
                   </a>
                   claiming the company penalizes retailers who offer lower prices somewhere else. Then
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    a recording was released
                   </a>
                   of an exec threatening to shut down Amazon Marketplace in Canada — used by 40,000 Canadian merchants — if the country strengthened its competition laws.
                  </p>
                 </td>
                </tr>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td align="center" class="fomo-index" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
             <tr>
              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               THE FOMO INDEX
               <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:100">
                by Stacey Woods
               </span>
              </td>
             </tr>
             <tr>
              <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:500;font-size:18px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:30px 0 10px">
               IMPORTANT
              </td>
             </tr>
             <tr>
              <td class="fomo-index-chart" style="padding:0" valign="top">
               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tr>
                 <td style="padding:0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td style="padding:0 0 1px" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" class="fomo-item" role="presentation" valign="top" width="256">
                      <tr>
                       <td style="padding:16px 0 0" valign="top">
                        <table align="left" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                         <tr>
                          <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                           <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                            <tr>
                             <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                              💸
                             </td>
                            </tr>
                            <tr>
                             <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                              Rich get richer: last decade saw corporate profits increase at twice the rate of worker wages in Canada.
                              <br/>
                              <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                               Source
                              </a>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                      <tr>
                       <td style="padding:16px 0 0" valign="top">
                        <table align="right" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                         <tr>
                          <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                           <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                            <tr>
                             <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                              ☕️
                             </td>
                            </tr>
                            <tr>
                             <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                              Starbucks launches NFT program to give people “immersive coffee experiences.” What, like spilling on yourself?
                              <br/>
                              <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                               Source
                              </a>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                    <td align="right" valign="top" width="18">
                     <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-top-left-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:1px 0 0;display:block" width="4"/>
                     <!--[if !mso]><! -->
                     <img alt="" border="0" class="dark-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-top-left-white.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:1px 0 0;display:none" width="4"/>
                     <!--<![endif]-->
                    </td>
                    <td align="center" class="arrow-bg" style="background-color:#32302F;line-height:1px;font-size:4px" valign="top" width="1">
                    </td>
                    <td align="left" valign="top" width="18">
                     <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-bottom-right-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:1px 0 0;display:block" width="4"/>
                     <!--[if !mso]><! -->
                     <img alt="" border="0" class="dark-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-bottom-right-white.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:1px 0 0;display:none" width="4"/>
                     <!--<![endif]-->
                    </td>
                    <td style="padding:0 0 16px" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" class="fomo-item" role="presentation" valign="top" width="256">
                      <tr>
                       <td style="padding:16px 0 0" valign="top">
                        <table align="right" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                         <tr>
                          <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                           <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                            <tr>
                             <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                              ✈️
                             </td>
                            </tr>
                            <tr>
                             <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                              Air Canada among first to order new hybrid planes and, we hope, some extra-long extension cords.
                              <br/>
                              <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                               Source
                              </a>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                      <tr>
                       <td style="padding:16px 0 0" valign="top">
                        <table align="left" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                         <tr>
                          <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                           <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                            <tr>
                             <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                              🥣
                             </td>
                            </tr>
                            <tr>
                             <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                              Hold on, it just might work: new Kellogg’s Insta-Bowls feature cereal and powdered milk in their first-ever collab.
                              <br/>
                              <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                               Source
                              </a>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td style="padding:0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:500;font-size:18px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:0" width="75">
                     CRASH
                     <br/>
                     &amp; BURN
                    </td>
                    <td style="padding:0" valign="middle">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                      <tr>
                       <td align="left" valign="bottom">
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                        <!--<![endif]-->
                       </td>
                      </tr>
                      <tr>
                       <td align="center" class="arrow-bg" height="1" style="background-color:#32302F" valign="top">
                       </td>
                      </tr>
                      <tr>
                       <td align="left" valign="top">
                        <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-bottom-right-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:block;padding:0 0 0 1px" width="4"/>
                        <!--[if !mso]><! -->
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                        <!--<![endif]-->
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                    <td align="center" aria-hidden="true" style="padding:0;color:#32302F;text-align:center" valign="middle" width="38">
                     <img alt="" border="0" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTDLR_Billie_love.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:block;margin:0 auto" width="26"/>
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                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                        <!--[if !mso]><! -->
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                        <!--<![endif]-->
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                       <td align="center" class="arrow-bg" height="1" style="background-color:#32302F" valign="top">
                       </td>
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                       <td align="right" valign="top">
                        <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-top-left-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:block;padding:0 1px 0 0" width="4"/>
                        <!--[if !mso]><! -->
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                        <!--<![endif]-->
                       </td>
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                     </table>
                    </td>
                    <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:500;font-size:18px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:0" width="75">
                     TO THE
                     <br/>
                     MOON
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td style="padding:0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td style="padding:0" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation">
                      <tr>
                       <td style="padding:0 0 16px" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" class="fomo-item" role="presentation" valign="top" width="256">
                         <tr>
                          <td style="padding:16px 0 0" valign="top">
                           <table align="left" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                            <tr>
                             <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                               <tr>
                                <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                                 💻
                                </td>
                               </tr>
                               <tr>
                                <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                                 Gaming chairs don’t buy themselves. Tech workers say they need even higher salaries to keep up with inflation.
                                 <br/>
                                 <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                                  Source
                                 </a>
                                </td>
                               </tr>
                              </table>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                         <tr>
                          <td style="padding:16px 0 0" valign="top">
                           <table align="right" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                            <tr>
                             <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                               <tr>
                                <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                                 ❤️
                                </td>
                               </tr>
                               <tr>
                                <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                                 Hey, Muskheads: Elon’s college girlfriend is auctioning off his love notes. Just cross out her name and write yours.
                                 <br/>
                                 <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                                  Source
                                 </a>
                                </td>
                               </tr>
                              </table>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                    <td align="right" valign="bottom" width="18">
                     <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-bottom-right-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:0 0 1px;display:block" width="4"/>
                     <!--[if !mso]><! -->
                     <img alt="" border="0" class="dark-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-bottom-right-white.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:0 0 1px;display:none" width="4"/>
                     <!--<![endif]-->
                    </td>
                    <td align="center" class="arrow-bg" style="background-color:#32302F;line-height:1px;font-size:4px" valign="top" width="1">
                    </td>
                    <td align="left" valign="bottom" width="18">
                     <img alt="" border="0" class="light-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-top-left-black.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:0 0 1px;display:block" width="4"/>
                     <!--[if !mso]><! -->
                     <img alt="" border="0" class="dark-img" height="4" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR-arrow-segment-top-left-white.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="padding:0 0 1px;display:none" width="4"/>
                     <!--<![endif]-->
                    </td>
                    <td style="padding:0" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation">
                      <tr>
                       <td style="padding:0 0 16px" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" class="fomo-item" role="presentation" valign="top" width="256">
                         <tr>
                          <td style="padding:16px 0 0" valign="top">
                           <table align="left" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                            <tr>
                             <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                               <tr>
                                <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                                 🧑‍🍳
                                </td>
                               </tr>
                               <tr>
                                <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                                 The Michelin guide came to Toronto and Burrito Boyz was znubbed.
                                 <br/>
                                 <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                                  Source
                                 </a>
                                </td>
                               </tr>
                              </table>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                         <tr>
                          <td style="padding:16px 0 0" valign="top">
                           <table align="right" border="0" cellpadding="0" cellspacing="0" class="tldr-tile" role="presentation" width="66%">
                            <tr>
                             <td class="fomo-item-bg" style="padding:15px 10px;background-color:#fff;border-radius:12px" valign="top">
                              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                               <tr>
                                <td align="center" aria-hidden="true" class="goomoji" style="padding:0;font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:26px;line-height:26px;mso-line-height-alt:100%;mso-line-height-rule:exactly;color:#32302F;text-align:center" valign="top">
                                 👑
                                </td>
                               </tr>
                               <tr>
                                <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:4px 0 0">
                                 My queen died and all I got was this lousy day off: Canada makes today a holiday for federal workers.
                                 <br/>
                                 <a style="color:#32302F;text-decoration:underline;font-size:10px" target="_blank">
                                  Source
                                 </a>
                                </td>
                               </tr>
                              </table>
                             </td>
                            </tr>
                           </table>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:500;font-size:18px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:10px 0 15px">
                  WHO CARES
                 </td>
                </tr>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td align="center" class="whats-up-this-week" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
             <tr>
              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               STUFF THIS WEEK
              </td>
             </tr>
             <tr>
              <td class="this-week-list" style="padding:30px 0 3px" valign="top">
               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 12px">
                  <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                   The Fed announces its benchmark interest rate (Tuesday).
                  </span>
                  Analysts anticipate another 75-basis-point hike. (We actually did cut and paste this one.)
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:9px 0 12px">
                  <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                   Canada’s consumer price index for August comes out (Tuesday).
                  </span>
                  Analysts anticipate — oh, forget it, you already know what they anticipate.
                 </td>
                </tr>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td align="center" class="big-important-story" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
             <tr>
              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               THE BIG IMPORTANT STORY
              </td>
             </tr>
             <tr>
              <td class="in-this-issue-list" style="padding:0" valign="top">
               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tr>
                 <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-size:14px;line-height:100%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 0">
                  SUPERPOWERS
                 </td>
                </tr>
                <tr>
                 <td align="left" class="headline" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:40px;line-height:100%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:8px 0 25px">
                  China’s Self-Inflicted Slowdown
                 </td>
                </tr>
                <tr>
                 <td align="left" class="body-copy" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0 0 4px">
                  <p>
                   If it weren’t for everyone freaking out about inflation, the most gargantuan economic story of the year would surely be China’s
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    recession
                   </a>
                   . For years, economists have predicted that China would overtake the U.S. by 2030 to become the world’s largest economy. But now many are
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    second-guessing
                   </a>
                   whether that will happen at all, with China’s GDP growth
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    expected to lag behind the U.S.’s for the first time since 1976
                   </a>
                   . There’s reason to think the Chinese government orchestrated the decline itself. We’ll get to that. First, let’s review all the ways China’s wheels have (arguably) come off.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    China’s juggernaut economy was
                    <a style="color:#32302F;text-decoration:underline" target="_blank">
                     already slowing
                    </a>
                    before the pandemic,
                   </span>
                   partly because its labour-intensive
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    manufacturing sector
                   </a>
                   had
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    “reached its limits,”
                   </a>
                   and partly owing to its decelerating
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    population growth
                   </a>
                   .
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Beijing crushed risky sectors.
                   </span>
                   In August 2020, as the economy
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    surged back
                   </a>
                   from its pandemic nadir, Beijing decided to rein in a potentially destabilizing,
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    speculation-fueled
                   </a>
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    housing bubble
                   </a>
                   , by forcing developers to pay off some of their
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    hundreds of billions of dollars
                   </a>
                   in debt. That left many developers without enough cash to finish buildings they had “presold.” Which caused a housing crisis
                   <em>
                    and
                   </em>
                   a
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    banking crisis
                   </a>
                   , because once people realized their new places might go unfinished, they stopped paying their
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    mortgages en masse
                   </a>
                   . Beijing brought the hammer down on its
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    internet
                   </a>
                   and
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    gaming
                   </a>
                   sectors, too, believing that they were destabilizing in their own rights.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    China decided to lock down cities
                   </span>
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    again
                   </a>
                   and
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    again
                   </a>
                   throughout the pandemic, even as the rest of the world largely returned to normal. The lockdowns have left
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    millions out of work
                   </a>
                   and have made consumers hesitant to
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    spend money
                   </a>
                   , but China keeps doing them anyway (most likely) because of its weak
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    vaccines
                   </a>
                   .
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    Western companies started eyeing the exits.
                   </span>
                   So we mentioned that Beijing
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    hammered Chinese internet companies, right?
                   </a>
                   Well, Western companies didn’t like that. Then Beijing
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    shot missiles over Taiwan
                   </a>
                   this summer, and already-anxious foreign tech companies, like Apple and Google, began
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    shifting their production
                   </a>
                   elsewhere posthaste.
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    THE UPSHOT
                   </span>
                   <br/>
                   What’s interesting about China’s economic woes is that they were all more or less engineered by
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    President Xi Jinping
                   </a>
                   . The enigmatic Xi has
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    clearly
                   </a>
                   opted to embrace economic pain for the sake of stability, which can be undermined by things like high housing costs and disruptive internet companies. “
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    Stability
                   </a>
                   ” is the watchword. That’s because Xi seems to think that stability will help the Communist Party (CCP)
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    retain its grip on the country
                   </a>
                   as growth slows, giving it a stronger economic position once the West inevitably (in Xi’s view) fractures. In other words, Xi has chosen pain now for gain later.
                  </p>
                  <p>
                   So what does all this mean? China, despite its downturn, will likely remain
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    the world’s second- or third-largest economy
                   </a>
                   in the coming decades. A big question moving forward, though, is whether Xi’s bid for stability will cause an economic crisis that Beijing truly can’t control and sow the very sort of discord that it hoped to avoid. Xi’s policies have already sparked
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    bank runs
                   </a>
                   and those mortgage revolts we mentioned, and
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    pushed out a lot of the foreign investment
                   </a>
                   that has fueled China’s rise. Xi’s bid for stability, by that measure, has yet to pay off.
                  </p>
                  <p>
                   —
                   <a style="color:#32302F;text-decoration:underline">
                    J.R. Sullivan
                   </a>
                  </p>
                  <p>
                   <span style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600">
                    READ MORE:
                   </span>
                   <a style="color:#32302F;text-decoration:underline" target="_blank">
                    “The Chipmaker at the Center of the Taiwan-China Standoff, and Global Trade”
                   </a>
                  </p>
                 </td>
                </tr>
               </table>
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                     SHARE TLDR WITH FRIENDS
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                     🤝
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                     Put
                     <a style="color:#fff;text-decoration:underline">
                      this link
                     </a>
                     in your group chats, in your Slack threads, on a tattoo on your back — whatever works for you!
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            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
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               OTHER VERY GOOD READS
              </td>
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               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                       <td aria-hidden="true" class="goomoji good-reads-icon" style="padding:0;font-size:26px;line-height:26px;text-align:center" valign="middle" width="73">
                        🍼
                       </td>
                       <td style="padding:0 30px 0 0" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                         <tr>
                          <td align="left" class="good-reads-text" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                           <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                            Johnson &amp; Johnson’s War Against Consumer Protection
                            <br/>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly">
                             How they’re trying to avoid paying settlements |
                            </span>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly;text-decoration:underline">
                             The New Yorker
                            </span>
                           </a>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
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                    <td class="nonessential-item" style="padding:15px 0;background-color:#fff;border-radius:12px;display:block" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                      <tr>
                       <td aria-hidden="true" class="goomoji good-reads-icon" style="padding:0;font-size:26px;line-height:26px;text-align:center" valign="middle" width="73">
                        🦵
                       </td>
                       <td style="padding:0 30px 0 0" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                         <tr>
                          <td align="left" class="good-reads-text" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                           <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                            The Men Who Get Leg-Lengthening Surgery
                            <br/>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly">
                             Ow ow ow ow ow |
                            </span>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly;text-decoration:underline">
                             GQ
                            </span>
                           </a>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td style="padding:15px 0 0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td class="nonessential-item" style="padding:15px 0;background-color:#fff;border-radius:12px;display:block" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                      <tr>
                       <td aria-hidden="true" class="goomoji good-reads-icon" style="padding:0;font-size:22px;line-height:2px;text-align:center" valign="middle" width="73">
                        📺
                       </td>
                       <td style="padding:0 30px 0 0" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                         <tr>
                          <td align="left" class="good-reads-text" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                           <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                            The Vast Wasteland of Internet Television*
                            <br/>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly">
                             Thanks a lot, Facebook |
                            </span>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly;text-decoration:underline">
                             Wired
                            </span>
                           </a>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td style="padding:15px 0 0" valign="top">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                   <tr>
                    <td class="nonessential-item" style="padding:15px 0;background-color:#fff;border-radius:12px;display:block" valign="top">
                     <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                      <tr>
                       <td aria-hidden="true" class="goomoji good-reads-icon" style="padding:0;font-size:22px;line-height:2px;text-align:center" valign="middle" width="73">
                        🧑‍💻
                       </td>
                       <td style="padding:0 30px 0 0" valign="top">
                        <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                         <tr>
                          <td align="left" class="good-reads-text" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:22px;line-height:112%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:0">
                           <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                            A New Disturbing Form of Human Trafficking
                            <br/>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly">
                             Forcing victims into cyberscamming |
                            </span>
                            <span style="font-size:12px;line-height:112%;mso-line-height-rule:exactly;text-decoration:underline">
                             ProPublica
                            </span>
                           </a>
                          </td>
                         </tr>
                        </table>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </table>
                 </td>
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                  *Article is paywalled, which, yeah, is kind of annoying. But we think good journalism is worth paying for.
                 </td>
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            </table>
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           <td align="center" class="whats-up-this-week" style="padding:0" valign="top">
            <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="90%">
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              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:600;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
               THE WISDOM OF TWITTER
              </td>
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              <td align="left" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:16px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 12px">
               TFW your grandpa wants to
               <a style="color:#32302F;text-decoration:underline" target="_blank">
                save the planet
               </a>
               (and also save
               <a style="color:#32302F;text-decoration:underline" target="_blank">
                $700 million in taxes
               </a>
               )...
              </td>
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               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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               THOUGHTS ON TODAY’S ISSUE?
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                      <img alt="" border="0" height="36" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTDLR_Billie_love.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:inline-block" width="36"/>
                      <br/>
                      Love it
                     </a>
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                 </td>
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                    <td align="center" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:400;font-size:14px;line-height:150%;mso-line-height-rule:exactly;color:#32302F;text-align:center;padding:20px 0">
                     <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                      <img alt="" border="0" height="36" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR_Billie_000%252B1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:inline-block" width="36"/>
                      <br/>
                      Good
                     </a>
                    </td>
                   </tr>
                  </table>
                 </td>
                 <td valign="top" width="16">
                 </td>
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                     <a style="display:block;color:#32302F;text-decoration:none" target="_blank">
                      <img alt="" border="0" height="36" src="https://inboxflows.com/_/image/https%253A%252F%252Fimage.email.wealthsimple.com%252Flib%252Ffe881372726d027876%252Fm%252F10%252FTLDR_Billie_Frown%252B1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZS5lbWFpbCJ9:1oaF0k:X5e9aXuBepHeewsVyUZQ-Q1EmCZ0KyfuCiyFfcZt-LQ" style="display:inline-block" width="36"/>
                      <br/>
                      So so
                     </a>
                    </td>
                   </tr>
                  </table>
                 </td>
                </tr>
               </table>
              </td>
             </tr>
            </table>
           </td>
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           <td align="center" class="contributors" style="padding:0" valign="top">
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              <td class="section-divider" style="font-family:FuturaPT,Roboto,Helvetica,Arial,sans-serif;font-weight:700;font-size:18px;line-height:133%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 5px;border-bottom:1px solid #32302F" valign="top">
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              <td align="left" style="font-family:FuturaPT-Book,Roboto,Helvetica,Arial,sans-serif;font-size:10px;line-height:120%;mso-line-height-rule:exactly;color:#32302F;text-align:left;padding:30px 0 0">
               This week’s newsletter contributors: Brennan Doherty (writer), Devin Gordon (writer), Stacey Woods (writer), Sarah Rieger (news writer), Ambrose Martos (fact checker), Ciara Rickard (copy editor), Sara Black McCulloch (fact checker), Jared Sullivan (senior editor), Peter Martin (senior editor), Kat Angus (managing editor), and Devin Friedman (editor-in-chief).
               <br/>
               <br/>
               Full disclosure: contributors to this newsletter own stock in Amazon and Alphabet.
               <br/>
               <br/>
               <em>
                Correction: Last week, we made a mistake: we overestimated how much Shakespeare you’ve read. Our subject line, “Et tu, Apple?,” was not botched French, as some readers were quick to email us about, but a reference to “
                <a style="color:#32302F;text-decoration:underline" target="_blank">
                 Julius Caesar
                </a>
                .” We promise to never do that again.
               </em>
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