It would take $2 trillion to bring US manufacturing and defense capacity back to its 2000s share of the economy.
By Vlad from Bastion on
Manufacturing has slid from 28% of GDP in the 1950s to 9% now. Analysts at Apollo are telling clients to own the rebuild: energy, semis, defense, rare earths and factory automation.
The capex winners are already this year's leaders.
Top 100 US industrials, YTD return:
🔋 Bloom Energy +211% $BE 🔧 Comfort Systems +70% $FIX 🔩 ATI +65% $ATI 🛣️ Sterling Infrastructure +58% $STRL 🔌 Vertiv +48% $VRT 🏗️ Quanta Services +47% $PWR 🚜 Deere +45% $DE