FYI: We've written before about the impact that the strong dollar has on specific sectors of the stock market. At the end of July, we included the following chart in one of our B.I.G. Tips sent to Bespoke Premium and Bespoke Institutional clients. It shows the spread between Domestics (S&P 500 companies that get at least 90% of their revenue from the United States) and Internationals (S&P 500 companies that get at least 50% of their revenues from outside of the United States). As the dollar trends up, the domestics begin to outperform, with no foreign revenues to be hurt by declines in overseas currencies.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/9/16/overseas-revenues-up-in-smoke.html?printerFriendly=true
