The question you should be asking is "Are Wall Streets Bets useful? Or does it provide very delayed, very outdated news? ". Let's test it. Let's investigate. During today's mid-Asian session, did the WSB talk about Fed officials talking about the rate thing? If it did, then WSB is very very useful. Because of the Fed speech (which came out of no where), gold futures dropped from 2016 to 1984 (as of now) during today's mid-Asian / early European session ie equivalent to $3200 / lot. Crude oil futures also dropped in tandem.