Bloomberg Wealth: What Does the Ukraine Crisis Mean for Investors?

A currency exchange kiosk at the Maidan Metro station in Kyiv.

Photographer: Christopher Occhicone/Bloomberg

The crisis in Ukraine fits with a continuing theme confronting investors this year: Volatility is back.

Hours ago, Brent crude oil tipped above $100 a barrel for the first time since 2014. Earlier this week, the S&P 500 slipped into a correction. Gold — a favorite destination for traders in times of crisis — has surged to its highest level since June. Bitcoin’s been trading at lows, with some analysts seeing it sliding toward $30,000, bucking the idea of crypto as a haven asset.