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

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. 

What is Confluence Podcasts?

Podcasts from Confluence Investment Management LLC, featuring the periodic Confluence of Ideas series, as well as two bi-weekly series: the Asset Allocation Bi-Weekly and the Bi-Weekly Geopolitical Report (new episodes posted on alternating Mondays).