Be careful about what you see and hear....

 

And don’t think that AI can’t negatively impact your portfolio – it’s already happened in a mild form

You might have missed it, but this past Monday, a fake image showing an alleged explosion near the Pentagon took off on social media, resulting in a brief selloff in the market.

Below, we show a 1-minute chart of the S&P on Monday with the effect of the fake news.

While the drop was relatively tame and short-lived, it illustrates the danger.

There’s no reason to believe such AI-generated fakes won’t be replicated to far more devastating effects.

 Jeff Remsburg