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Profound Promise

Today, nearly 30% of U.S. corporate profits come from abroad, versus only 20% when the new century began. And the foreign contribution will continue to expand. The primary beneficiaries will be big blue chips like Boeing (NYSE: BA) and Coca-Cola (NYSE: KO). Excellent research from T. Rowe Price shows that over the last three years global growth has averaged more than 5% annually, and emerging market growth has exceeded 7%, closely imitating the industrial revolution that began to sweep through the developed world some 200 years ago. Despite what will be a potentially scary economic scenario in the U.S. over the next few quarters, the whole global economic scenario, when overlaid onto the Web's Digital Revolution technology, offers profound promise for the astute investor.

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This page contains a single entry from the blog posted on January 8, 2008 8:35 AM.

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