$GOLD - Gold is seen as a safe-haven asset that cannot be seized, making it attractive in the current geopolitical climate and as a hedge against potential de-dollarization.
$COMMODITIES - Commodities, especially agricultural ones, are expected to see increased demand due to climate change, while supply may be disrupted.
$REALESTATE - Climate-resilient real estate is seen as a promising investment, with sophisticated data-driven approaches to selecting properties that may benefit from climate change.
Bearish:
$TREASURIES - Long-duration treasuries are expected to lose significant value as bond yields potentially rise from 4% to 8% over time.
$USD - The potential for higher inflation and rising nominal long bond yields could weaken the US dollar, especially given the large amount of long-duration fixed income assets denominated in USD.