Omicron Selloff Creates Opening to Buy Traditional Infrastructure ETFs
- By John Tierney
- 2 min read
Summary
• The Omicron market selloff brought ETFs focusing on US traditional infrastructure back to earth after they rallied strongly in November.
• We recommend investors start overweighting IFRA, PAVE and PKB ETFs versus underweighting the S&P 500 via the SPY or IVV ETFs. All three focus on companies involved in traditional infrastructure in the US.
• They should benefit as money from the Infrastructure and Jobs Act starts flowing.
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