You have to wonder what the long-term cost will be for both ETFs and our own economy if we don’t start investing in infrastructure the way may emerging markets have begun to.
Mary Meeker, financial analyst at Morgan Stanley, has pointed out that the United States is spending less on productive investments, like infrastructure, technology and education, and more government money is put in areas of preservation, such as health care, for an aging population, which has lead to a loss of our innovative edge.
For more information on the infrastructure sector, visit our infrastructure category.
Max Chen contributed to this article.