Kevin O'Leary Says, 'Prices Aren't Going Down!' Eggs, Energy, And Housing Remain 'Sky-High,' But He Thinks It's Part Of A Bigger Strategy

Adrian Volenik

Mon, Mar 10, 2025, 6:15 AM 4 min read

Kevin O'Leary, besides known arsenic Mr. Wonderful, is speaking straight arsenic always. In a caller station connected X, the capitalist and “Shark Tank” prima said, “Prices aren't going down! Eggs, energy, housing—all inactive sky-high.” And now, with tariffs connected Mexico and Canada, things could get adjacent much expensive.

Don't Miss:

• Deloitte's fastest-growing bundle institution partners with Amazon, Walmart & Target – Many are rushing to drawback 4,000 of its pre-IPO shares for conscionable $0.26/share!

• Maker of the $60,000 foldable location has 3 mill buildings, 600+ houses built, and large plans to lick lodging — this is your past accidental to go an capitalist for $0.80 per stock today.

O'Leary warns that tariffs could marque an already pugnacious lodging marketplace adjacent worse. “Lumber prices up, lodging adjacent much expensive,” helium posted. He explains that if tariffs are placed connected Canada and Mexico, it would thrust up the outgo of lumber, which is simply a cardinal worldly for location construction.

According to O'Leary, the lumber manufacture isn't successful a presumption to rapidly adjust. “The lumber manufacture conscionable yesterday and contiguous said, ‘Look, we can’t marque up this capableness for astatine slightest 4 to 5 years,'” helium said. That means adjacent if request remains steady, prices could enactment precocious for years to come.

Trending: The $1.3 Billion Startup Investment Boom: How This Company's Explosive Growth Is Opening Doors For Everyday Investors With A New $500 Minimum

O'Leary besides points retired that Canada is astatine a disadvantage successful these negotiations. With the national enactment successful limbo, provincial leaders from Ontario, Alberta, and Saskatchewan are scrambling to grip commercialized talks successful Washington. These provinces are particularly affected due to the fact that they are cardinal players successful trade, peculiarly successful the vigor sector.

Despite the contiguous concerns, O'Leary believes this is portion of a semipermanent strategy to bring much concern backmost to the U.S. “These are volatile times,” helium admitted. However, helium sees the negotiations arsenic portion of a propulsion to “get backmost much concern into the U.S. and a equilibrium connected commercialized imbalances, state by state by country.”