Famed investor Jeremy Grantham warns of ‘painful’ consequences from the oil spike – Worldnews.com

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Bloomberg/Getty ImagesJeremy Grantham is warning investors of a “dangerous” investing climate.The famed investor is eyeing painful consequences of higher oil price.He also flagged the risk of massive job losses and a demand shock stemming from AI. An investing legend has a warning for investors: more pain is likely
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Nothing is ever sustained, but that is clearly painful and will create balancing effects — markets get weak, demands gets less, etc.,

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