UBS put out the definitive information for investing beneath a Biden administration


A group of multi-colored elevators at United Rentals.

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UBS released a comprehensive guide to investing in President Joe Biden’s massive infrastructure proposal this week, which includes stock selection and analyst guidance.

The UBS guide, titled “Rethinking Infrastructure,” predicts that the final size of the US employment plan will be far smaller than the current $ 2 trillion, but should nonetheless serve as another tailwind for cyclical stocks.

“Economically sensitive value stocks should get a boost as investors reassess their future earnings potential and valuation, while higher interest rates would create headwinds for growth stocks,” wrote the team of UBS investment strategists.

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