Bridgewater Co-CIO: U.S. stocks are worth owning, and the U.S. economy is expected to grow strongly
Karen Karniol-Tambour, co-CIO of Bridgewater Associates, stated on Tuesday that U.S. stocks are a "good thing" to hold. She added that strong growth is expected in the U.S. economy under the leadership of the Trump administration. Since Trump's election victory, the S&P 500 index has risen nearly 5%. Karen Karniol-Tambour noted that although the yield on the 10-year U.S. Treasury bond has risen to a four-month high since Trump's election, the outlook for U.S. economic growth is driving the stock market higher. She stated, "We may still have room for growth, even in the face of tariffs and many unknown factors." The market is concerned that the tariffs promised by Trump during his campaign could lead to a resurgence of domestic inflation in the U.S., keeping U.S. interest rates high, and the Federal Reserve may reduce the extent of interest rate cuts or even consider raising rates again. In response, Karen Karniol-Tambour indicated that higher economic productivity could help offset the impact of tariff policies on inflation
According to the Zhitong Finance APP, Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour stated on Tuesday that U.S. stocks are a "good thing" to hold. She added that strong economic growth is expected under the leadership of the Trump administration.
Since Trump's election victory, the S&P 500 index has risen nearly 5%. Karen Karniol-Tambour noted that despite the 10-year U.S. Treasury yield rising to a four-month high following Trump's victory, the outlook for U.S. economic growth is driving the stock market higher. She stated, "We may still have room for growth, even in the face of tariffs and many unknown factors."
The market is concerned that the tariffs on foreign goods promised by Trump during his campaign could lead to a resurgence of domestic inflation in the U.S., keeping U.S. interest rates elevated, and the Federal Reserve may reduce the extent of rate cuts or even consider raising rates again. In response, Karen Karniol-Tambour indicated that higher economic productivity could help offset the impact of tariff policies on inflation