Thursday, November 18, 2010

Is Domestic Really Domestic?

Is Domestic Really Domestic?

Quote from above link:

"Gauged according to underlying sales, after all, the S&P 500 isn't a domestic-stock index. It's an international benchmark, one whose companies streamed in 46.6% of their revenue from foreign shores last year, according to S&P's estimates. Approximately a third of that sum, moreover, was rung up in emerging markets."

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