FYI: We continue to believe that equity markets will move higher, but future gains may be both volatile and harder to achieve. This environment calls for some alternative sources of return—investments that are easy to access through ETFs.
Consider the price movement of industrial metals as one example of an indicator that suggests slow but steady global economic growth ahead.
When the pace of economic growth is increasing, industrial metal prices tend to move higher as demand for commodities—such as iron ore and copper—goes up. While we are not seeing sustainable price increases in these spaces, neither are they not declining significantly. Industrial commodity prices tend to plummet with the onset of recession.
Regards,
Ted
https://www.etf.com/sections/etf-strategist-corner/multi-asset-dividend-etfs-slowing-mkt