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

In today's edition, Austin and Andrew talk about how old dogs are learning new tricks through international growth. Colgate is a perfect case study for this, as the company realizes most of its sales from Latin America. Despite the wise and necessary strategy shift towards international markets, there is one macro factor that many investors aren't baking into the equation just yet.

Andrew Tonner has no positions in the stocks mentioned above. Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Clorox and Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson, Procter & Gamble, and Unilever. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.