May 12, 2017
By: Bailey McCann
(The Wall Street Journal) Emboldened by President Donald Trump's campaign promise of a $1 trillion infrastructure-spending package, investors have plowed more than $460 million into related U.S. mutual funds and exchange-traded funds so far this year, according to data from Morningstar Inc.
At the end of the first quarter, the amount sitting in such funds stood at $16.1 billion, up 12% from a year earlier, though the euphoria has eased as the market begins to digest just how much stands in the way of an infrastructure package‚ÄĒfrom shifting priorities in the White House to opposition in Congress...
Read More At The Wall Street Journal: https://www.wsj.com/articles/fund-investors-are-betting-big-on-infrastructure-1494209341?tesla=y