Episode 32: Why The US Needs Rates to Fall. With George Goncalves.
George Goncalves, Head of US Macro Strategy at MUFG, joins Maggie Lake for the first time on Talking Markets. The 25+ year bond market veteran will be sharing why Scott Bessent's 3-3-3 plan is "not realistic," why the US "needs rates to fall," and why market declines in this environment feel worse than they actually are. Also up for discussion: the unwinding of the wealth effect, consumer confidence, and the impact of tariffs. Follow George on X here: https://x.com/bondstrategistDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect with me on Twitter: https://x.com/maggielake*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.