Opinion

Goodbye Reddit, hello Clubhouse

Clubhouse is a cultural phenomenon that will transform the social media landscape and alter the conversation in financial markets.

Grant WilsonContributor

Feb 7, 2021 – 2.46pm

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Over the past fortnight the S&P 500 is up 1 per cent. Not a big deal. But what happened in between is a big deal, and conforms with our baseline that the year ahead will be unpredictable.

Last weekend GameStop (GME) was still in play, with potentially systemic implications for the clearinghouse system in the US. A series of intervening events then occurred, each playing out on different social media platforms.

Grant Wilson is Executive Chair of Tivan Limited, a critical minerals company with major project status in the Northern Territory. He sits on the Advisory Board of Exante Data, Inc, a macro advisory and data analytics company based in New York.