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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5119

Monday, 08/13/2012 6:07:33 PM

Monday, August 13, 2012 6:07:33 PM

Post# of 30493
Caterpillar’s take on what’s going on in China: The current slowdown is a direct consequence of relatively tight monetary conditions in China about one year ago; pursuant to the new round of stimulus spending is getting underway now (#msg-76087397), CAT expects China’s economy to show an increase in 2013 growth relative to 2012 and is committing inventory to its dealers accordingly. (Source: CAT’s 2Q12 CC.)

Please see #msg-76087397 and the various posts in that message’s Reply chain for related info.

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

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