Those of you who are heavily invested in that one single ETF, does it bother you that this stock has 45% exposure to the US stock?
US is near $40T in debt, debt-to-GDP ratio is 132.5%, if you ignore the tech stocks from the S&P500, the American economy is already in recession. AI Datacenters are carrying an enormous amount of private debt. Also, the US is at war in Iran, burning through their treasury fast. Other countries are contemplating using different currencies to trade oil internationally and if they do, the value of the US dollar will plummet into the abyss and it is irreversible, and that irreversibility is what scares me the most.
I know that most of you will see this situation 'today' as an opportunity to buy more xeqt at a discount, and I totally get that... BUT this also means that you genuinely believe that the American economy will recover from this.
What makes you believe that the american economy will prevail and recover in the long term? What makes you believe that xeqt is still a good diversified stock to buy?
Interesting bit of history: Back when Spain was the economic superpower in the 16th century, nobody thought that their economy would fall, until it did. And they declared bankruptcy 9 times between 1557 and 1666. Never forget that no economic superpowers are immortal.