Market
The S&P 500 closed 2023 with a profit of 24.23% and in 2024 rose another 23.31%. Another year with more than 20% profit seems unlikely. The leading sectors of recent years, especially technology and AI, may not perform so well, and the market leadership could shift to other sectors. If capital starts to flow to undervalued sectors, such as mining, 2025 could be a historic year.
Copper
Trump announced a joint venture of $ 500 billion, called Stargate, with Softbank, Oracle, OpenAi and others. The company is aimed at accelerating the permit process for new energy infrastructure to provide data centers and the AI revolution
In essence, natural gas (directly from) will feed the activities, while data will be the output. This large -scale construction will require considerable energy and materials, especially copper. If the buyer exceeds the $ 4.50, this could mean a bullish outbreak, whereby silver is expected to follow closely.