There is a real threat of a credit boom and collapse, as the market enters a period of decreased macroeconomic volatility, former Pimco CEO Mohamed A. El-Erian told CNBC on Friday. Separately, El-Erian said now is a good time to take profits considering the sluggish U.S. economy and geopolitical concerns around the world, including and especially surrounding Ukraine.
Fully story at CNBC
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