I’ll own stocks most anywhere as long as the conditions are right. Heck, we’ve even owned in Russia before. No doubt, they do carry a bit higher risks but that’s why we buy at so low of P/E’s and why we diversify.
In fact, even some foreign laggards that some may still hold (TUR, EIDO, etc.), they’re all soaring/recovering nicely as money is flowing into emerging markets again with a falling dollar.
Really, our risks never lied in owning the stocks of those countries. BTU and CHL both had risks to us due to two US presidents. I hate to say it, but it’s true. I love most of what Trump has done, no doubt. I voted for him twice. He’s my favorite president of my lifetime so far (even above that of Reagan for me, which is next best to me).