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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority