Investors are focused on Iran, but there are 3 other mounting risks to markets, Mohamed El-Erian says

Wall Street legend Mohamed El-Erian warned that there are more risks to the global economy and markets than the war in Iran.

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• Investors are watching the war in Iran for its impact on inflation and economic growth.
• Former PIMCO investment chief Mohamed El-Erian said investors may be underestimating other risks.
• He flagged private credit stress and heavy AI spending as key risks to watch.

The war in the Middle East has dominated headlines...