The following video is part of our "Motley Fool Conversations" series, in which industrials editor and analyst Isaac Pino and consumer goods editor and analyst Austin Smith discuss topics across the investing world.

Some economists believe that a decline in consumer savings rate in recent months is worrisome for the US economy. On the other hand, many industrial companies reported robust earnings growth, especially in the US. Overall, it might be advantageous for investors to seek out conglomerates like GE and 3M to tap into high-growth markets as well as the domestic economy. Isaac discusses the reasons why international diversification could be profitable for your portfolio.

With Europe in shambles, many investors may be nervous about investing in a company that's internationally focused, but they shouldn't be. Emerging markets are giving new life to established American companies with deep pockets. As these industry titans look abroad for more sales, they aren't starting with a blank slate -- they're bringing their operational excellence to new markets and thriving. To uncover these picks today, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. Click here to get your copy today!