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.

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The forces shaping markets and the economy are often hiding behind a blur of numbers.

So that's why we created the Big Take from Bloomberg Podcasts,

to give you the context you need to make sense of it all.

Every day in just 15 minutes, we dive into one global business story that matters.

You'll hear from Bloomberg journalists like Matt Levine.

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

Bloomberg Audio Studios.

Podcasts, Radio News.

This is the Bloomberg Surveillance Podcast.

Catch us live, weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app.

Listen on demand wherever you get your podcasts or watch us live on YouTube. You're an update.

Usually we're with Jeffrey Rosenberg of Black Rock when we're breathless, the Fed's cut rates,

blah, blah, blah.

Today we pause and we have a quiet or more serene Jeff Rosenberg.

He comes in Cardigan.

He's like casual, you know.

...