No. of Recommendations: 1
...if it is, indeed, a Chinese slowdown (won't bore you with the local macro implications), it will also impact Hohumm's boats, rail, firms like Alcoa as well as US jobs.

A couple more data points:

Caterpillar Cuts 2015 Outlook as Mining Spending Falls

http://www.bloomberg.com/news/2012-09-24/caterpillar-cuts-20...

Caterpillar plans late-year shutdown in Decatur

DECATUR, Ill. (AP) - Days after saying it is worried about the slow pace of the global economy Caterpillar Inc. says it will shut down parts of its operations in Decatur for a week in November and all of December as demand for some products drops.


http://money.msn.com/business-news/article.aspx?symbol=US:CA...

And, if you're cynical, add the fact that Seeking Alpha has been pumping the daylights out of CAT ever since the warning two weeks ago.

Steve
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