Biden’s $2 trillion infrastructure bill could help industries beyond traditional materials/industrials
Health care, fintech, and semiconductors are just a few that could see benefits from the infrastructure investment
Corporations might see taxes rise under the plan, possibly a negative for investors
If this were a few decades ago and you heard the government propose a $2 trillion U.S. infrastructure plan, you’d probably race to invest in cement and steel companies.
There’s plenty of money earmarked for those traditional infrastructure materials in President Biden’s infrastructure plan. Roughly $620 billion goes toward highways and railroads. Hello, steel and cement!