Emerging market growth is good for companies like Caterpillar (CAT) and staple US names like Coca-Cola (KO).

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While most religions teach that vices are sinful temptations, today some philosophers and medical professionals question that belief, giving us hope for guilt-free trips to Ko Pha-Ngan, Thailand, known for its bacchanalian Full Moon parties.

BBC: An argument for vice vacations

For decades, Coca-Cola (NYSE:KO) and Pepsico (NYSE:PEP) had an unquestionable lead in the US beverage market.

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