While much of Wall Street's focus over past recent years has been on the Big US Tech stocks, aka the Magnificent 7, there are an increasing number of seismic developments happening internationally investors need to be aware of.

For example, emerging market stocks have positively trounced tech stocks since June.

And to name just a few others:

- China is now firing i's monetary and fiscal bazookas with gusto.

- India is now the world's fastest growing major economy & its stock market is booming.

- Japan just elected a new prime minister whose hawkish policies might end the yen/dollar carry trade.

- And of course, the escalation of hostilities in the MiddleEast threaten to inject a lot more uncertainty into geopolitical and global trade.

Which international trends are the most important for investors to track?

What are the biggest risks? And where are the biggest opportunities?

To better understand the situation from a non-US perspective, we're fortunate to welcome back to the program Louis Gave, Founding Partner and CEO at Gavekal.

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