Jeremy Grantham Warns US Stocks Face 70% Plunge as AI Creates 'Biggest Investment Bubble' in History
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A warning has been issued that the US stock market may be facing a significant decline, potentially as high as 70%, due to what is being described as the biggest investment bubble in history, fueled in part by artificial intelligence. The market is currently considered to be at historic levels of expense. There are also concerns about inflation and potential interest rate hikes, although the timing and impact of these factors are unclear.
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