International

I really really don’t like ETF’s. They combine all the worst of big dumb indexes, high fees, and serving the interests of Wall St. They don’t even provide liquidity – as you can see by looking at their charts on “flash crash” day. But for foreign exposure (as for commodities and currencies), they are all that is really available. Here are the ones I’m gonna track. Some real gaps here. Individual stocks really are best but it is going to be increasingly difficult for Americans to buy foreign stocks. They are increasingly refusing to list here because we aren’t capital providers, we are just consumers.
Note: This is the worst time for me to introduce a stock ETF list with markets overbought nearly everywhere around the globe. And thus ripe for a panic attack. But since it’s impossible to know when/if that will happen, need to know which ones are “safer” for toe-dipping.

Area	ETF	Mo %	v Local	v US$	Alpha	Beta	Score	Rating
For SmCap	VSS/SCHC	6.9%	Overbot	Overbot	1%	1.2	82	Wait
Div Emg Mkt	EEM	5.3%	OK	OK	1%	1.35	82	Buy
BRIC LgCap	EEB	5.0%	Overbot	Overbot	1%	1.37	82	Wait
Devlpd Asia	EPP	6.9%	OK	OK	0	1.36	82	Buy
Japan	EWJ	2.7%	Poor	OK	-3%	.64	80	Yen better
Japan SmCap	DFJ	0.3%	Poor	OK	-2%	.53	80	Yen better
China SmCap	HAO	6.6%	OK	OK	0	1.22	82	Buy
Eurozone	EZU	9.3%	OK	Overbot	-6%	1.5	82	Euro better
Germany	EWG	9.3	OK	Overbot	-2%	1.26	82	Wait
France	EWQ	10.3	OK	Overbot	-5%	1.5	82	Euro better
Switzerland	EWL	3.5%	OK	Overbot	0	1.07	82	Franc better
UK	EWU	10.7	OK	Overbot	-1%	1.19	82	Pound better
Canada	EWC	2.6%	OK	OK	1%	1.16	80	Buy
Mexico	EWW	3.7%	OK	OK	3%	1.24	81	Buy
Brazil SmCap	BRF	7.5%	Overbot	OK	9%	1.41	84	Buy