Looking Overseas: The Trend of the Decade

Nearly one out of every five S&P 500 companies now generates a majority of its sales overseas, we noted earlier this week in the second “beta” issue of Apogee Advisory. Coca-Cola is perhaps the iconic example: 74% of its revenue comes from outside the States.

This could be one reason that 54% of US executives surveyed by the search firm Korn/Ferry say they’d be willing to accept a post overseas. That compares with just 37% four years ago.

Companies with a very large overseas presence, especially in emerging Asia, stand to be among the best performers among the blue chips in the years ahead. They’re exposed to healthier business environments overseas. And they’ll be insulated from the shock of a weakening dollar.

About Addison Wiggin 88 Articles

Affiliation: Agora Financial

Addison Wiggin is the editorial director of The Daily Reckoning, and executive publisher of Agora Financial, a multi-million dollar financial research firm and publishing group based in Baltimore, Maryland. His second edition of The Demise of the Dollar… and Why it’s Even Better for Your Investments was just fully revised and updated.

He is also the executive producer of and a writer of I.O.U.S.A. a feature length documentary film nominated for the Grand Jury prize at the 2008 Sundance Film Festival. The film is inspired by the international bestsellers Financial Reckoning Day and Empire of Debt, which he coauthored with Bill Bonner.

Visit: The Daily Reckoning

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