- Strategas policy expert Jeannette Lowe breaks down the evolving landscape on infrastructure spending and the potential for tax changes to both the corporate sector and individual investor.
- Infrastructure spending has a pretty long lag time to roll out and start affecting the economy, while tax increases are immediate.
- So for 2022, we’re likely to have a fiscal drag on the economy - both from current stimulus falling off, and from the immediate impact of tax hikes over the drawn-out impact of infrastructure.
For further details see:
Infrastructure, Underappreciated Tax Change, Items To Watch - Market Strategy Weekly - April 9, 2021