Remarks in Tokyo via Bloomberg from Mark Mobius, an emerging markets fund manager at Franklin Templeton

  • "Social media is having a huge impact"
  • "It's creating confusion with a lot of false news"
  • "You're getting a situation where a lot of information is discounted immediately because people are afraid that maybe the information they're getting is not true"

Yeah ... OK, but it's the next bit ...

  • Along with sowing doubt about the veracity of news, social media is shortening people's attention span ... That's softening the impact of events like Tuesday's firing of Federal Bureau of Investigation (FBI) director James Comey, he said.

Well, the thing about this is,

Oh look a cat GIF!