Why The Infrastructure Bill Could Be Bad News For The Stock Market_老虎社区_美港股上老虎

Why The Infrastructure Bill Could Be Bad News For The Stock Market

Benzinga2021-06-30

The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

暂无评论

热议股票

7x24

全部

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1160106611?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-06-30 10:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1160106611","market":"us","top_or_hot":-1,"title":"Why The Infrastructure Bill Could Be Bad News For The Stock Market","media":"Benzinga","content":"<div>\n<p>The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market\">网页链接</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why The Infrastructure Bill Could Be Bad News For The Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy The Infrastructure Bill Could Be Bad News For The Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 10:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market","article_id":"1160106611","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606299360108","url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1160106611","pubTimestamp":1625020346,"columns":[],"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) b","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index"},"translate_title":"为什么基础设施法案对股市可能是个坏消息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":0.9},"content_text":"The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan infrastructure bill worth nearly $1 trillion.\nInvestors initially assumed more government investment in infrastructure spending would be good news for stocks, but Sevens Report Research’s Tom Essaye said Monday the infrastructure bill would be either good news or bad news for stocks depending on if and under what circumstances it gets passed.\nSocial Infrastructure:First, there is now a question about whether or not the infrastructure bill will even get passed.\nBiden followed up his initial comments by saying he would not sign the bill unless it was accompanied by a “social infrastructure” bill that includes investment in social initiatives, such as free community college and universal pre-kindergarten. Biden has said those programs would be funded largely via tax increases.\nIt’s unclear at this point whether Biden will attempt to pass the bipartisan physical infrastructure deal and the social infrastructure deal as part of the same package or if they could potentially have enough votes to pass them without Republican support.\nPossible Scenarios:Essaye said the best-case scenario for the stock market would likely be for the bipartisan infrastructure bill to pass while the social infrastructure bill does not.\n“I say that because the net economic impact would be more stimulus (increase infrastructure spending) but no tax increases,” Essaye said in the email.\nThe second-best outcome would be for neither bill to pass given that would essentially maintain the status quo.\nThe worst-case scenario for investors would be that the bipartisan physical infrastructure passes along with the social infrastructure bill, Essaye said.\n“From a market standpoint, at this point the risk of an infrastructure bill is greater than the reward, again because any corporate tax increase (or capital gains tax increases) would more than offset any positives from an additional $600 billion in spending over the next few years,” he said.\nBenzinga’s Take:For over a year now, almost all of the policy headlines out of Washington have been bullish for the stock market given they have mostly been one stimulus spending program after another.\nBiden has been consistent about his desire to raise taxes on corporations, top earners and investors, so investors should be prepared for some potential negative headlines out of Washington as the administration’s attention shifts away from saving the economy from the pandemic and toward funding Biden’s other campaign promises.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}