Introduces topic of international market outperformance and asks whether it's driven by dollar weakness or has more momentum.
Dominic Chu
John Mayer
International markets will continue their trend forward. Dollar is projected to decline about 1% annually over the next decade.
John Mayer
International equities trade at 32% discount to US versus 19% average discount over past 20 years. Opportunities in financials, energy, materials, select industries.
Asks about specific ETFs to focus on.
Dominic Chu
John Mayer
Recommends JIVE (J-I-V-E) international value fund, which had $1 billion inflows last year and has low correlation to US large cap growth.