BREAKDOWN: WallStreetBets Is Occupy Wall Street With Teeth

BREAKDOWN: WallStreetBets Is Occupy Wall Street With Teeth

The retail trader insurgency has massive implications for the future of capital markets. This episode is sponsored by Nexo.io. This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at: The historical context of how the Great Financial Crisis set the stage for WallStreetBets How WSB gained infamy during the COVID-19 crisis by correctly predicting the market’s rebound while other investors remained bearish Why WSB started going after short-sellers, particularly around GameStop (GME) How WSB forced a short squeeze that required Melvin Capital to call in nearly $3B of emergency capital Why Robinhood forcing users to stop buying GameStop and other related assets will go down as an inflection point in the history of capital markets - Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io. - Image credit: Spencer Platt/Getty Images News and WallStreetBets Subreddit See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Episoder(4086)

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1 Jul 2min

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1 Jul 36min

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30 Jun 1min

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29 Jun 36min

Strategy Opens the Door to Selling Bitcoin | CoinDesk Daily

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29 Jun 1min

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