Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

Donate Bitcoin

17E4x7cWzLxKkUsa25tPMuZzTB7BKZPA9o

Donate Via Paypal

Disclaimer

ALL CONTENT ON 'SILVER FOR THE PEOPLE' AS WELL AS THE 'BROTHERJOHNF' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SILVER FOR THE PEOPLE' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR BULLION. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

Donate Via Paypal

Revolver Maps

Caterpillar Records 50 Consecutive Months Of Declining Global Sales

zerohedge.com / by Tyler Durden / Feb 17, 2017 9:31 AM

As Caterpillar’s stock hits multi year highs, its operations continue to sink.

With sellside firms suggesting that CAT should be valued on 2018, and in some case 2019 results, Caterpillar shareholders have been happy to comply with the recent euphoria, sending the stock soaring 18% since the Trump presidential victory, and back to multi-year highs on hopes a Trump’s infrastructure push would make excavators great again, coupled with expectations that an infrastructure push out of China will result in a rebound in the company’s profits. For now, however, operational woes at the heavy industrial manufacturer continue, with yet another month of declining global sales.

To be sure, there was a glimmer of hope for CAT out of Asia, where retail sales continued the rebound after posting positive gains in the prior five month, surging 26% in January, the biggest annual gain since July 2012. This however was offset by continuing declines in North America, the EAME and Latin America regions, which declined by 8%, 13%, and 29%, although all regions posted a modest rebound from December Y/Y numbers.

READ MORE

Comments are closed.