Karen Karniol-Tambour, co-CIO of Bridgewater Associates, said on Tuesday that holding US stocks is a good thing and she expects the economy to experience a strong growth during President Trump's tenure. Karniol-Tambour said that the prospect of a rise in the US economy is driving the stock market up, despite the fact that the yield on 10-year US Treasury bonds rose to a four-month high after Trump's victory in the presidential election on November 5th. She said: We may still have room to grow, even in the case of tariffs and many unknown factors. Since Trump won the election, the S&P 500 index has risen by nearly 5%.
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Bridgewater: Holding US stocks is a good thing, it is expected that the US economy will be strong during Trump's term
Karen Karniol-Tambour, co-CIO of Bridgewater Associates, said on Tuesday that holding US stocks is a good thing and she expects the economy to experience a strong growth during President Trump's tenure. Karniol-Tambour said that the prospect of a rise in the US economy is driving the stock market up, despite the fact that the yield on 10-year US Treasury bonds rose to a four-month high after Trump's victory in the presidential election on November 5th. She said: We may still have room to grow, even in the case of tariffs and many unknown factors. Since Trump won the election, the S&P 500 index has risen by nearly 5%.