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
CME data center outage halts futures and options trading, affecting contracts worth trillions of dollars
CME EBS market will open at 20:00
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director