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California is preparing to receive billions of federal dollars to grow and improve our infrastructure due to the passage of the historic Bipartisan Infrastructure Investment and Jobs Act (IIJA).
A sustained reflation trade could place the Dow in a league of its own. If risk aversion takes root, valuation metrics in the Dow Jones are far more reasonable than elsewhere.
Long DJIA on Reflation and Infrastructure: Q2 Top Trading Opportunities 2021-04-03 23:30:00 Peter Hanks, Strategist Long Dow Jones on Reflation Trade and Potential Infrastructure Spending Advertisement The United States economy has enjoyed a remarkable recovery a year after the onset of the coronavirus, leading to hot growth forecasts and huge corporate earnings expectations for companies that struggled during the pandemic. Despite lofty economic measurements, the Federal Reserve has reiterated adherence t...