🤷🏻♀️ Retweeted Joe Weisenthal
Negative 36%?
I remember reading that $CAT had an in house economist team figure out what were the signals that preceded a deep recession after 2007-2008, so they could prepare. They found one: it was their own sales. So they hedged around their own stock!
Ominous.https://twitter.com/TheStalwart/status/1271468677884514304 …
🤷🏻♀️ added,
Joe Weisenthal @TheStalwart
Not everything is bouncing off the lows in April/May.
Here's @bespokeinvest on $CAT:
"On a headline basis, CAT’s sales results looked weak, and in North America – the company’s largest operating region – sales cratered from a decline of 27% in April to negative 36% in May!"
8:49 AM - 12 Jun 2020
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