This meeting, WWU Investment Club had a joint meeting with WWU International Business Network.
West gave a presentation on European Markets. West talked about the difference in valuation between the United States and Europe. West talked about the difference in Forward P/E (US=~20, EU=~13-14).
The value of the United States dollar has decreased in recent months, this, in conjunction with the selling off of treasuries, indicates that money is leaving the United States.
Europe and especially Germany is setting groundwork for greater economic growth with stabilizing Bond yields and the beginnings of some deregulation which would help facilitate growth for companies.
Ultimately, West showed why he believes the United States is currently overvalued and Europe is undervalued. Given the current volatility and uncertainty West believes that Europe is a good hedge against it all.
