We believe ignoring the effects of climate change on portfolios is not an option, and the window for investors to position portfolios may be shrinking. The U.S. Senate passed a $1.2 trillion infrastructure bill that now awaits a House vote. Congress will take up the $3.5 trillion spending plan after recess. Investors will focus on the minutes of the Federal Reserve’s July policy meeting for details of any deliberations on asset purchase tapering.
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