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 know where stress is showing up in the $20 trillion commercial real estate market?

Or how the clean energy transition is actually being financed.

Or while child care is so expensive and why so much of the global economy is going into reverse, then you're in the right place.

I'm Tracy Alloway.

And I'm Joe Wisenthall.

Together we host the All Thoughts podcast.

Twice a week, we bring on the perfect guest to break down all these odd, interesting, complicated finance topics and more.

You can look us up wherever you get your podcasts.

The OddLod's podcast from Bloomberg. Bloomberg Audio Studios.

Podcasts, Radio News.

This is the Bloomberg Surveillance Podcasts.

Catch us live.

Weekdays at 7 a.m. Eastern on Apple CarPlayer, Android Auto with the Bloomberg business

app. Listen on demand wherever you get your podcasts or watch us live on YouTube.

It's always important to have worse weather in Milwaukee. We do that now, the Amaletti of

Allspring Global Investments, Head of Equity, where winter is really winter. And I really want to talk

about the future of value investing. I know Allspring is a venerable, I think of John Kerry

...