---
title: Are commodity traders signaling that a recession is in the cards?
description: "Chart of the Month: Are commodity traders signaling that a recession is in the cards? Lumber futures drop hard as the Fed hikes rates again."
image: https://insights.danainvestment.com/hubfs/2022.10%20Dana%20COTM.png
---

- [Home](https://www.danainvestment.com/)
- About Us 
    - [Who We Are](https://www.danainvestment.com/who-we-are/)
    - [Who We Serve](https://www.danainvestment.com/who-we-serve/)
    - [Our Responsibilities](https://www.danainvestment.com/our-responsibilities/)
    - [Meet The Team](https://www.danainvestment.com/meet-the-team/)
    - [History](https://www.danainvestment.com/history/)
    - [Awards](https://www.danainvestment.com/awards/)
- Our Services 
    - [Overview](https://www.danainvestment.com/overview/)
    - [Equity Strategies](https://www.danainvestment.com/strategy-assignment/equity-strategies/)
    - [Fixed Income Strategies](https://www.danainvestment.com/strategy-assignment/fixed-income-strategies/)
    - [Wealth Management](https://www.danainvestment.com/strategy-assignment/wealth-management/)
- Insights 
    - [The Dana Viewpoint](https://www.danainvestment.com/category/the-dana-viewpoint/)
    - [News & Updates](https://www.danainvestment.com/content-library-category/news-updates/)
    - [Content Library](https://www.danainvestment.com/content-library-category/content-library/)
- [Resources](https://www.danainvestment.com/resources/)
- [Contact](https://www.danainvestment.com/contact/)
- [Stay Informed](https://www.danainvestment.com/stay-informed/)

[![Dana Investment](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/mobile-logo.png?width=300&height=76&name=mobile-logo.png "Dana Investment")](https://www.danainvestment.com/)

- About Us 
    - [Who We Are](https://www.danainvestment.com/who-we-are/)
    - [Who We Serve](https://www.danainvestment.com/who-we-serve/)
    - [Our Responsibilities](https://www.danainvestment.com/our-responsibilities/)
    - [Meet The Team](https://www.danainvestment.com/meet-the-team/)
    - [History](https://www.danainvestment.com/history/)
    - [Awards](https://www.danainvestment.com/awards/)
- Our Services 
    - [Overview](https://www.danainvestment.com/overview/)
    - [Equity Strategies](https://www.danainvestment.com/strategy-assignment/equity-strategies/)
    - [Fixed Income Strategies](https://www.danainvestment.com/strategy-assignment/fixed-income-strategies/)
    - [Wealth Management](https://www.danainvestment.com/strategy-assignment/wealth-management/)
- Thought Leadership 
    - [Insights](https://insights.danainvestment.com/blog)
    - [The Dana Viewpoint](https://www.danainvestment.com/category/the-dana-viewpoint/)
    - [News & Updates](https://www.danainvestment.com/content-library-category/news-updates/)
    - [Content Library](https://www.danainvestment.com/content-library-category/content-library/)
- [Resources](https://www.danainvestment.com/resources/)
- [Contact](https://www.danainvestment.com/contact/)
- [Stay Informed](https://www.danainvestment.com/stay-informed/)

[![Dana Investment Advisors](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/header-logo.png?width=300&height=76&name=header-logo.png "Dana Investment Advisors")](https://www.danainvestment.com/)

MENU

CLOSE

![](https://insights.danainvestment.com/hubfs/raw_assets/public/DanaInvestment_May2023/images/search-image.png)

# Are commodity traders signaling that a recession is in the cards?

 Published on  Sep 20, 2022, 2:34:08 PM

![2022.10 Dana COTM](https://insights.danainvestment.com/hs-fs/hubfs/2022.10%20Dana%20COTM.png?width=804&name=2022.10%20Dana%20COTM.png)

- The Fed issued a widely anticipated 0.75 percentage point rate hike in September
- Markets reacted sharply as stocks, bonds, and commodities all fell hard
- One housing-related commodity that had climbed to all-time highs in 2021 has now dropped to fresh two-year lows

 

Tags: [Chart of the Month](https://insights.danainvestment.com/chart-of-the-month/tag/chart-of-the-month)

[Back to Blog](https://insights.danainvestment.com/chart-of-the-month)

- [Tweet](https://twitter.com/share)

## Related Articles

<https://insights.danainvestment.com/chart-of-the-month/relative-values-comeback-seen-in-the-sp-500-equal-weight-indexs-performance>

## [Relative Value’s Comeback Seen in the S&P 500 Equal-Weight Index’s Performance](https://insights.danainvestment.com/chart-of-the-month/relative-values-comeback-seen-in-the-sp-500-equal-weight-indexs-performance)

[Read More](https://insights.danainvestment.com/chart-of-the-month/relative-values-comeback-seen-in-the-sp-500-equal-weight-indexs-performance)

<https://insights.danainvestment.com/chart-of-the-month/february-2023>

## [The Unemployment Rate Matches 1969’s Low of 3.4%](https://insights.danainvestment.com/chart-of-the-month/february-2023)

[Read More](https://insights.danainvestment.com/chart-of-the-month/february-2023)

<https://insights.danainvestment.com/chart-of-the-month/november-2023>

## [Let’s Talk Turkey 🦃 2023 Thanksgiving Dinner Costs](https://insights.danainvestment.com/chart-of-the-month/november-2023)

[Read More](https://insights.danainvestment.com/chart-of-the-month/november-2023)

[![Dana investment Advisors](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/footer%20logo.png?width=300&height=76&name=footer%20logo.png "Dana investment Advisors")](https://www.danainvestment.com/)

- <https://twitter.com/Dana_Investment>
- <https://www.linkedin.com/company/dana-investment-advisors>

 © 2026 Dana Investment|[Privacy Policy](https://www.danainvestment.com/privacy-policy)

[![Ultra](https://insights.danainvestment.com/hubfs/raw_assets/public/DanaInvestment_May2023/images/bottom-image.svg "Ultra")](https://ultradesignagency.com/)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Dana Funds Investment Team",
    "url" : "https://insights.danainvestment.com/chart-of-the-month/author/dana-funds-investment-team"
  },
  "dateModified" : "2022-09-28T20:40:37.741Z",
  "datePublished" : "2022-09-20T18:34:08.000Z",
  "headline" : "Are commodity traders signaling that a recession is in the cards?",
  "image" : [ "https://insights.danainvestment.com/hubfs/2022.10%20Dana%20COTM.png" ],
  "mainEntityOfPage" : {
    "@id" : "https://insights.danainvestment.com/chart-of-the-month/october-2022",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://insights.danainvestment.com/hubfs/Logos/Dana-Investment-Adisors-Logo.png"
    },
    "name" : "Dana Investment Advisors"
  }
}
```