Investing in the next cycle #5: blessed are the goods makers
BASIC RESOURCES INVESTMENT & RETURN ON ASSETS
0.20
20
NET INVESTMENT AS SHARE OF GLOBAL GDP (LHS)
0.15
15
0.10
10
0.05
5
0.00
0
RETURN ON ASSETS (RHS)
-0.05
-5
1980 1985 1990 1995 2000 2005 2010 2015 2020 2025
1
Sources: DataStream/Worldscope, IMF, NBER
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