Bridgewater: strong US economic growth expected during Trump's presidency
Karen Karniol-Tambour, chief co-investment officer at Bridgewater Funds, said Tuesday that holding U.S. equities is a ‘good thing’ and that she expects the economy to grow strongly under a Trump presidency.The outlook for U.S. economic growth is driving stocks higher, Karniol-Tambour said, even though 10-year U.S. bond yields rose to a four-month high after Trump's victory in the Nov. 5 presidential election. year U.S. bond yields rose to a four-month high. ‘We probably still have room to grow, even with the tariffs and with a lot of unknowns,’ she said. The S&P 500 is up nearly 5 per cent since Trump won the election.
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