Moneyneversleeps

In this Money Talks segment, Pete and Eoin try to make sense of GameStop and WallStreetBets, the aftermath of the failed Plaid-Visa deal, who might buy Monzo, a Cambrian explosion at the intersection of money and society and RIP Hammerin’ Hank Aaron. This episode of MoneyNeverSleeps is sponsored by PAT Fintech, the training partner that demystifies fintech and digital finance for financial services professionals. MAIN STORIES WE COVERED: What the Hell Is Going On With GameStop’s Stock? (Slate, 26-Jan-21) What does it mean for the future of publicly traded equities where you have groups like WallStreetBets, who on a whim, can turn against you and drive the stock up or down? When a market is 24/7, whether that’s in crypto or with after-hours trading on public equities, you’ve got to get your head around all of these new channels where market sentiment is effectively created and observable in real time. The hedge funds need to get smarter, because the crowd now has the ability to move the price, almost on its ow