The gap in valuation between the US and the rest of the world has been discussed at great length, and explanations as to why such a gap exists are plentiful. Some of the more common explanations include the higher exposure in US to leading tech companies, and the US economy being in an almost perennial state of higher growth. Both are true, and both justify a higher valuation, and for this reason, assuming that the valuation gap between the US and the rest of the world will fully close is a stretch.
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