$100+ oil will cost much more to extract raw materials & run equipment to create components for home building. It will increase the house price even further, and rent naturally.
The cost of extracting metals of the ground also increases dramatically, causing small mining explorers to idle for many years with multiple capital raising to stay afloat. It will create further raw materials deficit.
All historical data indicated that rate rise always trigger a rotation cycle from the stock market into commodity. 2000, 1980… so on. FMG went berserk from 15c to $12 on the back of high rates. I’m all in energy & base metals, with some cryptos. Love it…
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$100+ oil will cost much more to extract raw materials & run...
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