NEW YORK, Nov 12 (Reuters) - 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. Trump

vowed during his campaign to slap tariffs on an array of

imported goods, which experts say could trigger a surge in

inflation that requires interest rate hikes.

The benchmark S&P 500 index is up almost 5% since

Trump's election victory.

Higher economic productivity, however, could help offset

the impact of tariffs on inflation, Karniol-Tambour said.