I dipped a pinky toe in EWJ (Japan) and EWZ (Brazil). They pay decent dividends and if dollar further weakens, they will benefit, as has VGK via euro appreciation.
Brazil could be a bit of a wildcard, admittedly. EWZ has liquid options because it gets institutional investor interest, if anyone cares about that.
Going somewhat for world exUS for stocks and bonds is probably not a bad idea, but I’ve been in the US camp for a long time now.
US is the most innovative and investor-friendly market and I don’t really care for currency risk.
But seems like now with big currency risk even US investors will feel it. EUR has gained 10% vs dollar in a short time, for example.
I think monied interests have and will restrain the worst of our “leadership” but we still have some substantial and broad tariffs and a boatload of uncertainty that is “leadership”’s daily MO.
With that backdrop, I cant see how a downturn is not imminent if not already beginning.