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Asset Allocation Bi-Weekly - Weak Capital Investment by State and Local Governments (6/5/2023)

Episode 164 Published 3 years, 1 month ago
Description

Underinvesting can have serious long-term consequences, and in the U.S., government underinvestment in one key area is a worrisome trend. Investors might be surprised by just how much government spending contributes to overall GDP. Confluence Market Strategist Patrick Fearon-Hernandez takes a look at the latest numbers. 

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