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NOTHING IS PERMANENT EXCEPT CHANGE

Concern rises over impact on growth, markets, capital flows and the yuan

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Jeremy Grantham, the cofounder and chief investment strategist at the $71 billion Grantham, Mayo, & van Otterloo, has become a world-renowned market voice by calling the past two major financial bubbles. He was growing ever-convinced of a severe bubble burst earlier this year, until President Donald Trump’s global trade-war escalation injected skepticism into the market, […]

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