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Bloomberg

Bridgewater's Karniol-Tambour Says Growth Outlook Favors Stocks

By and Denitsa Tsekova Save Bridgewater Associates co-chief investment officer Karen Karniol-Tambour said she favors equities over bonds as the resilient economy threatens to keep inflation elevated. 'You are, on the margin, more likely to get a strong growth and stronger-than-expected inflation environment,' the executive said Tuesday at the iConnections Global Alts conference in Miami Beach. 'But that could change quickly because with the amount of policy uncertainty you have, it's not hard to imagine one policy change really tilting us in terms of the macro environment.'