Jorge Toro is portfolio manager at Golden Bull Mutual Funds, where he manages a classic 60 (equities) - 40 (bonds) portfolio. After analyzing the outlook for the economy, Jorge concludes that a recession is coming and the Fed will have to start cutting the Fed Funds rate as early as in 1Q2024. Consistent with his MACRO VIEW and the Mutual Fund's 60-40 mandate, Jorge should: (mark the only INCORRECT statement) a. Start increasing the duration of the bond part of the Fund b. Become a little defensive in the equity portion of the portfolio and start reducing the P below 1 from a current 1.35 C. Increase the CONVEXITY of the bond portfolio d. Reduce the allocation to equities to 40% to increase the allocation to bonds to 60%