There Is Always a Bull Market Somewhere

For fifteen years, global capital was hyper-concentrated in U.S. mega-cap tech. That era is ending. VEU has blown through the $64.02 resistance — the 2008 highs that capped every rally for a decade and a half.

Now at $80.95 with RSI embedded at 81.11, the monthly chart shows a parabolic thrust above all three ascending trendlines. Supertrend pristine green at $67.61. Coppock Curve at 47.51 and rising. This is a generational breakout.

VEU holds 3,900 stocks across 46 countries — Financials 21.5%, Industrials 14.5%, hardware-focused Tech 11.5%. It's a bet on a physical, capital-intensive global economy: European banks, Asian foundries, commodity exporters.

The macro fuel: extreme valuation mean reversion, a structural USD bear market, the resurgence of "Old Economy" infrastructure, and Japan/EM reforms. Plus TACO — Tariffs, America-first, Currency weaponisation, Outflows — paradoxically accelerating the rotation.

The 3-ETF Lazy Portfolio (⅓ QQQ, ⅓ VEU, ⅓ ISHG) is up +3.66% YTD on $100K, outperforming QQQ-only by $4,547. Diversification isn't a hedge — in this regime, it IS the return.