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Caterpillar (CAT -2.2%) tumbles as Jim Chanos - presenting at Delivering Alpha - discloses he's...

Jul. 17, 2013 12:35 PM ETCaterpillar Inc. (CAT) StockCATBy: Stephen Alpher, SA News Editor21 Comments
Caterpillar (CAT -2.2%) tumbles as Jim Chanos - presenting at Delivering Alpha - discloses he's short. The commodity supercycle - spurred mostly by China (and we know his feelings about that country) - is coming to an end, says Chanos, and along with it is the soaring mining capex which has benefitted CAT.

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