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Mohammed El-Erian is the chief economic adviser of Allianz SE, says he is a little worried about the end of “this wonderful world in which we live with low volatility, everything goes up … “

He fears this could end with higher volatility ahead if the Fed cuts its stimulus measures. Predicts another year of persistent high inflation, “Things will get worse before they get better.”

Via Bloomberg report, link (can be blocked)

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