One night you’re out as friends, you have a couple of drinks, somebody leans in too close, and BAM!Only this situation is much more confusing, hurtful, and sad.
While Caterpillar's CEO may have resigned recently, admitting that he misjudged the business strategy, and even the company issued a press release cautioning the market may have gotten ahead of itself, CAT stock does not appear to be bothered, soaring over 12% since the Trump presidential victory, and continues to trade near multi-year highs on hopes a Trump's infrastructure push would make excavators great again. If you don't like how it turned out, please feel free to drop a comment in the suggestions box and somebody will get back to you. The governments been broken for quite a while with the American tax payer paying the cost of their mistakes. The only problem with that, he is his own form of extremism, and probably nothing will change. And if you voted for him thinking he would "fix" something, then you are stupid. Your ass belongs in North Korea and not in America. Whaaaaaaaaaaaaa Whaaaaaaaaaaaaaa..to head to mommy and have your diaper changed little snowflake. You forego any un-necessary purchases so that you can clean up on your big fat porky barrel project.
For now, however, the woes at the heavy industrial manufacturer continue, with yet another month of declining global sales. Each new version seems to have it's own form of extremism. Many problems would be fixed if the laws, we as citizens abide by, were followed by our lleaders. This is because they will soon be able to manufacture in your back yard completely free of regulation to allow t RUMP to buy cheaper equipment to raze and pave over your home so that pipelines and tire burning factories can be built Welcome to the party, newbie of two weeks.
It is hard to turn off romantic feelings You see it in the paper every day.
So often times, either as a way to soften the blow or out of sincere feelings of warmth, we say, “But let’s stay friends.” From an intellectual level remaining friends may seem like a good idea.
But it is on a global blended basis, where the headwinds facing CAT refuse to go away, and after the latest, December, decline in retail sales of -12%, we find that the company has not reported a single monthly uptick in sales for record 49 consecutive months, or just over 4 straight years, a period which is now 2.5x longer than the far more acute 19 month drop observed during the post-financial crisis period. Also, I keep in mind Asia, where several companies are manufacturing their own heavy equipment, and the stuff's pretty good and getting better, and a lot less costly. See if you can wrap your two brain cells around this concept. Moar debt won't fix the problem.....will only make it worse. I am not sure rates will move up like that until the Fed loses control of the dollar market.