Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Every once in a while there's a compelling research report issued in the Concrete Canyon that goes virtually unnoticed. Wall Street, so often caught up in the mood of the market 'right now,' sometimes drifts past data and fails to fully-publicize information that reveals fertile ground and investment opportunities.
That may have been the case with U.S. Global Investors' infrastructure report.
The report, entitled "Infrastructure: A Global Opportunity for Investors" notes that $41 trillion will be needed to modernize urban water, electricity, and transportation systems globally, during the 2005-2030 period, according to an estimate by Booz Allen Hamilton. In the United States, the figure is $1.6 trillion, according to research by the American Society of Civil Engineers. There are two distinct but massive infrastructure tasks: in emerging markets, a massive build-out to support growth; in the United States and the developed world, a focus on repair and replacement, according to U.S. Global Investors.
That may have been the case with U.S. Global Investors' infrastructure report.
The report, entitled "Infrastructure: A Global Opportunity for Investors" notes that $41 trillion will be needed to modernize urban water, electricity, and transportation systems globally, during the 2005-2030 period, according to an estimate by Booz Allen Hamilton. In the United States, the figure is $1.6 trillion, according to research by the American Society of Civil Engineers. There are two distinct but massive infrastructure tasks: in emerging markets, a massive build-out to support growth; in the United States and the developed world, a focus on repair and replacement, according to U.S. Global Investors.
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