Stock price when the opinion was issued
Whatever happens in the US affects the rest of the world. He wouldn't recommend emerging markets, as they tend to underperform if/when there's a recession.
Investors would be better off buying the best companies in the German market, rather than the whole German market. Germany's the 4th-largest economy in the world, but it's had a bunch of issues with its own deficit and economic slowdown. He owns specific stocks in Europe.
For single country exposure he likes it. There is not a single play on German in Canada yet. FLGR-N is a non actively managed ETF and he prefers it because active managers in Germany are going to have a hard time outperforming the index.