Pandemic, the war in Ukraine, the threat of WWIII, energy crisis, food shortage, the surge in commodity prices, the unpredictability of everything are now the new normal.
The year 2022 didn't start well. Commodities are up across the board. Oil, gold, and wheat have gone sky-high in recent weeks.
The U.S. housing market cooled in February, and mortgage rates have spiked since the Fed's rate hike. New home sales have slipped for two consecutive months, missing forecasts, and lumber seems set to buck the trend of other supply-constrained commodities.
Wealth managers say their investment portfolio includes fuel, agriculture, natural resources, and gold.