Cryptocurrencies: 6452 / Markets: 43079 Market Cap: 24h Vol:
Seeking Alpha
2021-05-12 20:54:41

Bridgewater Associates executive says she would be underweight U.S. equities

Karen Karniol-Tamour, co-chief investment officer of Bridgewater Associates Sustainable Investing, said she would be underweight U.S. equities."Their outperformance has been so long," Karmiol-Tamour said earlier at the virtual Sohn Investment Conference in a lightning round Q&A session.She said she would be overweight international equities at the charity conference.She also sees inflation in the U.S. below 4% for a five-year average, though it will hit above 4% for at least some period.She said when asked if she would chose bitcoin (BTC-USD) vs gold she responded that "gold is underrated right now. That's such a historical store of value. People shouldn't forget that."Yesterday, Ray Dalio continues to believe government is existential threat to Bitcoin.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer