The decade's best stock is not a stock: it's a commodity ETF. The rising population, climate change, crop/livestock pandemics, higher personal incomes and falling supply drive record prices for everything from gold to pork to copper.
No nation takes significant action on climate change. Some push renewables hard, but this is more about economic sustainability and geopolitical independence than CO2 levels. People "learn to live" with a work that is as much as 1C warmer and will soon be 4+C by 2100.
The EU continues to move towards ever tighter union. Crisis in smaller, more southern nations and the lack of the UK-veto effect mean than true power sits in Brussels and regions exercise only the autonomy they're permitted. Germany is so polite and generous about this that no one notices.
Brexit goes badly for the UK which suffers a but the EU barely notices. The UK suffers a "lost decade" as young people leave and fewer people work compared to being retired; old voters give themselves more free stuff leading to spiraling taxes (and no services) for the young. More people leave worsening the problem. It's basically just the 80s again...
I think the idea that a commodity etf outperforms every single equity is absurd. The best performing stocks can go up 100x in a decade. The only way a broad based commodify etf could go up that much is if there is hyperinflation, and in that case some companies (stocks) will benefit a lot more from that trend.
No nation takes significant action on climate change. Some push renewables hard, but this is more about economic sustainability and geopolitical independence than CO2 levels. People "learn to live" with a work that is as much as 1C warmer and will soon be 4+C by 2100.
The EU continues to move towards ever tighter union. Crisis in smaller, more southern nations and the lack of the UK-veto effect mean than true power sits in Brussels and regions exercise only the autonomy they're permitted. Germany is so polite and generous about this that no one notices.
Brexit goes badly for the UK which suffers a but the EU barely notices. The UK suffers a "lost decade" as young people leave and fewer people work compared to being retired; old voters give themselves more free stuff leading to spiraling taxes (and no services) for the young. More people leave worsening the problem. It's basically just the 80s again...