FEX - Infrastructure Heating Up; Bipartisan Possibility?; How To Pay For It - Market Strategy Weekly - May 21 2021

• President Biden has proposed a physical infrastructure plan and a social infrastructure plan. Party leaders are talking to see if they can reach a bipartisan physical infrastructure deal.
• While President Biden proposed $2.25T of spending, we expect that any deal that passes will be smaller. A bipartisan deal would be much smaller. And spending is just one part of the equation - agreeing on how to pay for it will be even more difficult.
• Strategas Washington Research Analyst Courtney Rosenberger breaks down multiple big infrastrucure proposals and the activity surrounding them in Washington.

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