The markets have had a good run in the first half of 2023. Mumbai-based A BALASUBRAMANIAN, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, tells Puneet Wadhwa in an email interview that equity is something one has to stay invested in, given the fact that the market will wax and wane. Edited excerpts:
Are markets overly optimistic about the global macroeconomy? How will central banks respond to the headwinds?