A new commentary from Fidelity, "Think Global," notes the fact that many U.S.-listed blue chip companies derive a significant share of their revenues from sales outside our borders.
And yet, despite mounting evidence that the economies of Europe and China, the world's first and third largest, respectively, which together account for more than a third of global output, are hitting the skids, stock bulls are apparently maintaining that an alleged recovery in the U.S. economy is what matters.
The only real question is where can I get some of the stuff they are smoking?
(Image: Source)
Michael J. Panzner
