Large-scale infrastructure legislation has been discussed for years, but could actually take place in 2021.
“A Dem Congress will prioritize palatable consumer/business fiscal stimulus over other priorities such as corporate tax hikes or aggressive anti-business regulation,” reports Mike Santoli for CNBC.
GLIF Getting Its Moment
The infrastructure category has historically offered higher dividend yields than global fixed-income and global equities, along with greater predictability of long-term cash flows. GLIF may be able to capture the growing demands of economic development that are driving more funding into transport, power, and other systems.
States and cities have been scaling back infrastructure spending in recent times.
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