Pop Quiz -- May 24, 2022

The 11 GICS stock market sectors:

• energy
• materials
• industrials
• utilities
• healthcare
• financials
• consumer discretionary
• consumer staples
• information technology
• communication services
• real estate

Name the one sector and the one "type" of facility in that sector in which we will never see another "greenfield" addition. If the answer "works" but is not of interest from an investment point of view, the answer will be counted correct but ignored.

Definitions:

• "greenfield": brand new facility, in a new location;
• "brownfield": new facility on an a previously used location fro same type of facility; or an expansion of an existing facility.

For example, one might say, "We will never see another brand new bank, financials sector, built in the US again." Of course, that's obviously wrong, but had to come up with an example.

Another possibility might be a launch pad for space vehicles, industrials? 

Possibly, an aircraft carrier, again, industrials. 

Perhaps a bust of Donald Trump on Mount Hood. Materials? 

A dam in California? Materials?

So, now, fill in the blanks: "We will never see another brand new ____________, ____________, built in the US again." 

I can think of only one example.

If you get the correct answer, it's an actionable investment "hint."

We'll discuss it tomorrow.