Landmark infrastructure legislation was passed in the last Congress. Now comes the work of getting it built.

The Global X U.S. infrastructure development ETF, ticker PAVE, invests in dozens of companies helping shape the future of American infrastructure.

Investing involves risk, including possible loss of principle. Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political, and other changes affecting such entities.

Before investing, carefully consider the fund's objectives, risks, charges, expenses, and more in the full or summary prospectus at globalxetfs.com.

Read carefully, distributed by SEI Investments Distribution Company.

Want to understand exactly how interest rate rises will impact your mortgage?

Or how New York City gets fresh produce?

Or exactly what on earth was going on over at FTX before the whole thing collapsed?

Twice a week, we sit down with the perfect guest to answer these sort of questions

and understand what's going on with the biggest stories in finance, economics, business, and markets.

I'm Tracy Alloway.

And I'm Joe Wisenthall.

And we are the hosts of Bloomberg's All Thoughts podcast.

Look us up wherever you get your podcasts.

The Odd Thoughts podcast from Bloomberg. Bloomberg Audio Studios.

Podcasts, Radio News.

This is the Bloomberg Surveillance Podcast.

I'm Jonathan Ferro, along with Lisa Abramwitz and Anne-Marie Hordern.

Join us each day for insight from the best in markets,

economics and geopolitics.

From our global headquarters in New York City,

we are live on Bloomberg Television

...