Many variables can fuel the performance of commodities and international stocks. Over the past 10 years, according to JP Morgan, a 1% drop in the Dollar has been associated with a 1.4% increase in Dollar-denominated commodity returns (CRB), and a 2.4% increase in international stocks (Dollar-denominated MSCI ACWI Ex-US). If Fed purchases and/or slow U.S. [...]
Tag Archives: International
Foreign Intrigue
U.S. Stocks with Heavy Foreign Exposure: Company Listed followed by its % of Sales Outside North America Colgate-Palmolive 81 Avon Products 77 Coca-Cola 74 Autodesk 72 Aflac 72 Merck & Co. 70 Waters 70 Caterpillar 66 Nike 66 3M 64 Pfizer 58 Proctor & Gamble 57 You may be surprised by how big your foreign exposure is, [...]
Opportunities in International Investing
More and more, we are finding it easier to justify our higher allocations to international equities. Roughly 55% of the investable equity universe, by market cap, is outside of the U.S. Also, world GDP has outpaced the U.S. GDP every year this decade; moreover, emerging markets have seen average GDP growth since 2000 of 5.9% [...]