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ETFs to Buy for Biden Infrastructure Plan, Capital Spending Boom: BofA


Reuters
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Capex has been falling amid the globalization of supply chains, but that could reverse, BofA says.
The bank says the shift in public policy is the biggest driver behind more business investment.
In that respect, BofA highlights potential winning industries and shares six ETFs to buy. 
Cheap capital, rising consumer and investor demand, and a shift in government policy could set the stage for capital expenditures to grow at a pace not seen since Ronald Reagan was in office, according to Jared Woodard, an investment and exchange-traded-fund strategist at Bank of America.  ....

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