BIPC - History Shows This Is One of the Best Investments to Make Right Now
There's growing concern that we could be heading toward a recession in 2023. Inflation, while slowing, remains elevated. That's leading central banks to continue pushing interest rates higher, which could put the brakes on the global economy. A recession would negatively impact companies sensitive to the economic cycle .
However, one asset class that's built to thrive in the current environment is infrastructure . Sam Pollock, the CEO of Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) , made a case for investing in infrastructure in his company's recent investor letter. Here's why he believes it's best suited for the current environment.
Pollock wrote:
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History Shows This Is One of the Best Investments to Make Right Now