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Infrastructure bill passes, construction responds

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As investors anticipated the imminent passage of the U.S. infrastructure bill, construction-related companies and industries have rallied, and PAVE broke to a new high. PAVE has outperformed the S&P 500 by over 600 basis points since September 21, but we still need to see a relative strength breakout from this recommended ETF.

Ned Davis Research | Thematic | On the Radar | Weekly

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