UBS On-Air: Paul Donovan Daily Audio 'Fear of fake news'
UBS On-Air: Market Moves · Podcast owner
March 16, 20263m 2s
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Show Notes
Economic theory often assumes perfect information. This is obviously only true in economic fantasies. Social media and fake news risk distorting real-world market prices. The Gulf war is contributing to this, with governments seeking to influence social media influencers and television reports, or not giving out information at all. This encourages fake news and risks discrediting accurate information, undermining market pricing