(MT Newswires) -- George Goncalves, head of US macroeconomic strategy at MUFG, believes that current economic and market conditions are very favorable, supported by fiscal spending, but that challenges could intensify in the future. Finally, he explains that the bond market is acting like an insurance policy, behaving as if there are still downside risks, and that investors should take a defensive stance on interest rates.
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- George Goncalves, MUFG: Favorable market conditions in 2023, but challenges ahead