My macro thesis for investing , so people are focused on mag 7 , AI and s&p stocks , space . I think financials , consumer staples will be weak growth till 2030 and beyond compared to critical minerals, oil gas, machinery construction mining . Why because you cant have AI without minerals like copper , silver , cobalt , tin , nickel, graphite , uranium etc. So even energy transition like windmills, panels , nuclear depends on critical minerals .
Not to mention robotics and Ai so the fist principle of everything is critical minerals . Then to extract critical minerals you need oil and gas and construction machinery. I think ai , space , and semi conductors will do fine . But even semiconductor is impossible without critical minerals. Critical minerals is impossible to extract without oil and gas and machinery . Renewables is still fine but contrary what everyone thinks oil and gas will grow faster because renewables are too unreliable in their current state to power data centers and mining operations. So it will be clean oil and gas and lng . So renewables is a good long term play but expect massive gains like 5-10 a year compared to possible 10x in the minerals sector , and doubles and triples in machinery and oil and gas and nuclear .