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Wall Street is betting on Joe Biden getting infrastructure done CNN 1 hr ago By Paul R. La Monica, CNN Business © Matt Rourke/AP Motor vehicle traffic moves along the Interstate 76 highway in Philadelphia, Wednesday, March 31, 2021. Looking beyond the $1.9 trillion COVID relief bill, President Joe Biden and lawmakers are laying the groundwork for another of his top legislative priorities a long-sought boost to the nation s roads, bridges and other infrastructure that could meet GOP resistance to a hefty price tag. (AP Photo/Matt Rourke)
Wall Street is once again betting on infrastructure. And after four years of dashed hopes, investors have reason to believe Washington will finally get something done to repair highways, and spend more on telecom networks.