Time for EWJ outperformance

I do think the best way to play the US underperformance story is through Japanese equities. Europe has moved too fast in a short time frame, China seems to me like a short term story whereas Japan seems to be the best way to play it.

Corporate earnings growth has been present in Japan post GFC unlike China and Europe to a lower extent.

Japanese valuations are great and the economic story is starting to be interesting.