Consider what will better bounce back. While if US sells off, so does Europe. However as the market recovers you would think Europe would return to previous 'r

Consider what will better bounce back. While if US sells off, so does Europe. However as the market recovers you would think Europe would return to previous 'reasonable valuations' faster than US would return to their current greater overvaluation levels? Personally I've avoided US markets for some time for more p/e realistic markets like Australia (my country) and Europe in part for above reasoning. The one I am watching is Asia, as SE Asia has the growth potential over western nations I feel but its not quite time but I would like to get more across Asian based ETF's in the future. ...IM no expert so shovel full of salt and all that :)