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Yahoo Finance: Tom Lydon Talks China Buys And Infrastructure Potential

Yahoo Finance: Tom Lydon Talks China Buys And Infrastructure Potential March 31, 2021 Joining the “ETF Report” with host Alexis Christoforous on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, was on hand to talk about where the record amount of ETF flows has been heading over the past couple of quarters, in addition to China’s recent tech stock decline, and the potential for infrastructure. Finishing the first quarter of 2021 with close to $240 billion in new assets, Lydon explains how that puts the market on pace for a trillion-dollar year in ETFs, which would be record-breaking, following 2020’s $600 billion year. “Most of the money is going into growth. But, surprisingly, investors are finding opportunity overseas, not just in developed countries, but especially in emerging markets. Those have worked really well when we’ve seen a lower dollar for the last 18 months. However, most recently, we’ve seen the dollar creep up a little bit, with more money starting to c

Fixing America s crumbling infrastructure might bridge the partisan divide this time --- this is what s realistic under Joe Biden

Pay now—or pay a lot more later? That’s the choice Americans face when it comes to our crumbling infrastructure.   Third-worldish airports. Pothole-strewn roads. Trains that crawl compared with sleek counterparts in Asia and Europe. Hundreds of water main breaks a day (more than 500 today alone, says WaterMainBreakClock.com). On and on. We’ve been complaining for years, and politicians have been vowing for years to do something about it. Yet not much seems to happen.  You might not know that you’re paying a hefty tab for this Flintstones-like infrastructure: $3,400 a year. That’s the hidden cost to you—annually, says a study by the American Society of Civil Engineers (ASCE). It comes in the form of car repairs from hitting those potholes, time and gasoline wasted sitting in traffic, power outages, and more. 

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