By Carolina Mandl

NEW YORK (Reuters) – Bridgewater Friends Co-Chief Investment Officer Karen Karniol-Tambour acknowledged on Tuesday U.S. shares are a “comely factor” to retain, adding she expects tough financial improve below President-elect Donald Trump.

Talking at a Yahoo Finance Invest match, Karniol-Tambour acknowledged the U.S. improve outlook is using shares better regardless of a upward thrust in the to a four-month excessive following Trump’s victory in the Nov. 5 presidential election.

“We perchance restful have faith room to urge on improve, even below a scenario of tariffs with many of the unknowns,” she acknowledged. Trump vowed at some stage in his campaign to slap tariffs on an array of imported items, which experts whisper can also trigger a surge in inflation that requires ardour price hikes.

The benchmark is up nearly 5% since Trump’s election victory.

Increased financial productivity, alternatively, can also succor offset the affect of tariffs on inflation, Karniol-Tambour acknowledged.