The Rising Influence of Rising Affluence

[DewDiligence]

Recession?

Now that the calendar-3Q22 reporting season is nearly over, CAT’s stellar results and confident guidance (#msg-170300076) continue to warrant investor attention.

Yes, CAT has some tailwinds in the energy and mining sectors that aren’t shared by most multinational industrial companies, but these tailwinds are not (IMO) a sufficient reason to discount CAT as a bellwether for the global economy.