The opportunities to “invest in America” will likely be plentiful over the next several years as the Trump administration continues to emphasize improving the nation’s infrastructure. Yet, determining how to take advantage of such opportunities is challenging when the Federal Reserve is increasing interest rates and tax reform is debated in Washington.
In this commentary, Baird Advisors Senior Portfolio Manager Duane McAllister talks about the role the municipal bond market might play in rebuilding America’s infrastructure as well as the collaboration that will be required of the public and private sectors for these efforts to succeed.
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