I love stocks with great dividends when they have dropped this much.
Nothing wrong with a high dividend stock in this economy.
These stocks go in cycles and the over hype of interest rates rising rapidly are just that... hype.
I do not own CAT because if it misses again, it will not be pretty until $60.
I do think they WILL meet estimates this quarter based on the balance sheet coming out of the previous quarter. I doubt they will beat by more than a penny. Missed 4 consecutive quarters which indicates someone is not optimistic.
What is the "cabron scam"?
You have never traveled around the world.
You are RIGHT about Europe & USA but NOT correct when it comes to China and India where a new coal fired power plant is brought into production weekly. Also, the number of vehicles in ALL major cities in developing countries has risen from the number you can count on your hand to millions of vehicles in each city. That IS creating a problem for YOUR and MY children's health. That is a scientific FACT.
You have NOT been reading news on air quality in India and China ..... and all over the developing world. The World has ONE atmosphere. That pollution will enter USA over time and all will suffer the consequences. I do NOT expect you to understand science nor believe 98 percent of scientists.