BBF - Infrastructure Investment GDP Growth And U.S. Bond Yields
The release of the latest GDP data brings with it updates to a couple of key trends in government investment, infrastructure spending, and longer-term GDP growth rates. The latest data does little to change the picture, but it certainly highlights what are some key trends for investors. The slump in government investment has arguably been a factor in accentuating the longer-term decline in economic growth in America, and with the longer-term GDP growth rate now bottoming out, any movement in policy here could have big implications for the medium-term growth outlook, and as I show