VE VEU Vanguard FTSE All-World Ex-US ETF Loading... : Bullish and Bearish Analyst Opinions

Global investors are maximally overweight US equities. US valuations are stretched, while international markets trade at wide discounts. History shows winners rotate; US exceptionalism is not permanent. Mean reversion in valuations and a shift in capital flows away from the crowded US trade will benefit international indices. The "Rest of the World" offers a margin of safety that the US does not. Long Global ex-US Equities to capture valuation mean reversion. The US economy continues to significantly outgrow global peers due to tech dominance and demographics.