Replies to post #26837 on The Rising Influence of Rising Affluence

[DewDiligence]

As for CAT as a bellweather, certainly yes as regards the industrial/materials sector. However that sector accounts for less than 3% of the SPX…

CAT’s prospects are strongly tied to the housing market, the transportation market, the oil and gas market, and infrastructure projects, so we’re talking about much more than 3% of the SPX when all is said and done.