One of the dominant growth stories in global markets over the last ten years has been Big Tech.
One of the dominant growth stories in global markets over the last ten years has been Big Tech. The need to find scale, earnings momentum and long-term disruption by investors led them to the same destinations: a few, technology giants who appeared to own the future.
Their balance sheets were sound, their business models were replicable and their contribution to our daily lives was only enhanced with time. Growth investing in most portfolios was virtually equated to owning the largest technology names. Markets, however, are not always that concentrated.
With rates, inflation, geopolitics, and industrial policy changing the nature of investment, an even wider array of opportunities is now coming under serious consideration. To investors who follow not just equities but also commodities, digital assets, and indices like SOL price USD , the writing is increasingly clear: Big Tech is still on the agenda, but it is not the sole source of growth capital to go to. The Growth Trade Is Starting to Broaden The notion that mega-cap technology firms are the only ones capable of providing significant upside is beginning to wane.