A specific set of cross-asset indicators serves as a reliable barometer for an impending global growth acceleration. These include rising copper prices (industrial demand), outperformance of Korean equities (global trade sensitivity), and strength in the financials sector (credit creation).
While any individual economic indicator can be misleading or explained away by unique factors, a collective alignment of multiple, diverse signals (like commodities, specific equities, and bond yields) creates a powerful, trustworthy forecast for stronger global growth.
A key sign that a positive growth cycle is nearing its peak is a shift in market psychology. When strong data (like labor reports) causes stocks and credit to fall, it suggests investors are more worried about inflation and central bank tightening than the growth itself.