What On Earth Is Going On With Caterpillar Sales?…”the longest negative stretch in company history – is beyond what most economists would deem a depression.”
by Tyler Durden
ZeroHedge.com
09/21/2015
Below we show the latest monthly data from CAT which is once again in negative territory across the board, but more importantly, the global headline retail drop (down another 11% in August) has been contracting for 33 consecutive months! This is not a recession; in fact the nearly 3 year constant contraction – the longest negative stretch in company history – is beyond what most economists would deem a depression.
The Rest…HERE
