US stocks are at lofty valuations

If you look at valuations of U.S. stocks relative to valuations in other markets, the U.S. stock market has big downside risk.

US Stocks are not an appealing investment at the moment

I don't think U.S. stocks are attractive by any measurement. They are expensive and earnings are going down.

Money printing conspiracy by Central banks around the world

Some people say there is a currency war going on, but I dont buy that argument. In my view Central banks around the world are coordinating printing money, one after the other, its like handing the baton to someone else. It started with the Fed, then the Bank of England, the ECB, every central bank will do the same thing.