Bridgewater co-chief investment officer says US stocks are 'good thing' to hold now
Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour said on Tuesday U.S. stocks are a "good thing" to hold, adding she expects robust economic growth under President-elect Donald Trump. Speaking at a Yahoo Finance Invest event, Karniol-Tambour said the U.S. growth outlook is driving stocks higher despite a rise in the 10-year Treasury yield to a four-month high following Trump's victory in the Nov. 5 presidential election. "We probably still have room to run on growth, even under a scenario of tariffs with a lot of the unknowns," she said.