Musk in the Clubhouse, & Retail Traders on the Rise

Starting off a new week and a new month, Wall Street continues to weather concerns about the Reddit-sparked retail trading frenzy around GameStop. Joe Moglia, former chairman and CEO of TD Ameritrade, puts the Reddit traders’ short squeeze into perspective with the broader market. Elon Musk turned to social media audio app, Clubhouse, for a conversation with Robinhood CEO Vlad Tenev about the retail investor rebellion. Paul Davison, CEO and co-founder of Clubhouse, the audio social networking app popular with Wall Street and Silicon Valley insiders, discusses social media’s role in the markets. Plus, could Silver be the new GameStop?