|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||52.28 - 52.44|
|52 Week Range||42.95 - 53.74|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
It's been a pretty wild ride in Washington since January, so many investors (and voters) may have little confidence that Congress or the administration can get much done. Burleson argues that this improved environment is driven by more funding at state and local levels, as well as more visibility from the 2015 Fixing America's Surface Transportation (FAST) Act.
Just before the Senate's August recess, it confirmed nominees Chatterjee and Powelson to the Federal Energy Regulatory Commission. As Stifel's Noelle Dilts and team write, that's good news for a lot of companies. The confirmations means that FERC now has a quorum to vote on major orders.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today’s article features Gary Stringer, president and chief investment officer of Memphis, Tennessee-based Stringer Asser Management. Political leaders in the world’s two largest economies, the U.S. and China, are aggressively pushing agendas related to infrastructure spending, having recognized the need for significant infrastructure upgrades.