Download the latest edition of The Next Big Theme, featuring perspectives on Quantum Computing, U.S. Infrastructure, Robotics, European Infrastructure and more.

Geopolitical disruption, policy momentum, and tightening supply chains are contributing to a more dynamic market backdrop while reinforcing structural investment themes across the commodities complex

A persistent market deficit may continue to support silver; energy-security concerns and demand beyond EVs are strengthening lithium’s demand outlook

European infrastructure development could be entering a new phase, shaped by larger fiscal commitments, easing regulation, and a more supportive political backdrop. From EU funding and Germany’s €500 billion investment push, to HALO assets and Ukraine reconstruction, several forces are converging to improve the outlook for long-term infrastructure development. Read the full article to see why this cycle could prove larger, more durable, and more investable.

The U.S. power landscape is rapidly changing. After two decades of near-flat growth, U.S. electricity demand is projected to increase by as much as 50% between 2024 and 2040, driven by AI data centres, manufacturing, and electric vehicles. Meeting expanding power needs will likely require a significant buildout of both power generation facilities and power grid infrastructure.