Equities are over priced SP500 PE over 21 GAAP basis. Commodities well you know every one in town is on that boat. I like the US Dollar, USDCHF 1.0390 today.
When you see a few major countries' economies blowing up due to massive inflation, the dollar bottom will be close. This is like getting rid of the competition by playing a game of who can hold their breath the longest, while knowing full well you have the biggest oxygen tank.