Don't forget that CAT's overseas business is priced in overseas dollars, thereby allowing CAT to benefit from the sustained weakness in the USD over a span of a few years.
Gabe, while I see your perspective and recognize it's validity, I am unconvinced that the economy is necessarily set to turn around. The stimulus checks have been spent and there is no more debt the consumer can pile up to kickstart the economy. With the average American having negative net worth, I find it difficult to see where the stimulus will come from that will restart the economy.
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