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DewDiligence

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DewDiligence

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Re: DewDiligence post# 27330

Thursday, 04/27/2023 8:52:48 AM

Thursday, April 27, 2023 8:52:48 AM

Post# of 30495
Recession?

Today we have yet another data point from CAT (#msg-171784334) that argues against a near-term economic downturn. True, CAT is benefitting to some degree from government infrastructure projects and from the mining boom to support the worldwide uptake of electric vehicles. Still, CAT can’t entirely be dismissed as a bellwether from the global economy.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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