Posted on October 26, 2018
By Daniel Jones, Seeking Alpha
It has been a rough year for Caterpillar (CAT) and the shareholders in it. Concerns over the current trade war being waged by the Trump Administration, rising interest rates that could slow growth, and general economic conditions in various parts of the world have all acted to punish investors in the company and to generate significant amounts of volatility. In evaluating the business, I concluded that while Caterpillar is a massive company with a history of up and down fluctuations that investors should have grown used to by now, it is actually likely that the future for the business will remain for a while, irrespective of what happens economically. If anything, investors should brace themselves for the possibility of greater losses moving forward.
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