Biden’s infrastructure plan has hit some potholes

Biden’s infrastructure plan has hit some potholes
·5 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Investors have bid up infrastructure stocks sharply since Election Day. As of Tuesday morning, one widely held ETF, the Global X U.S. Infrastructure Development Fund (PAVE) has soared some 54%, nearly double the S&P 500’s (SPX) impressive 28% jump. Obviously, infrastructure’s gains have been fueled by President Joe Biden’s plan to pour trillions into everything from roads and bridges to water systems, electric charging stations and more.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting