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ISM Hangover

MRKT Matrix

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Caterpillar's Stock Is Down 87%

I think rates going lower for whatever reason seems to encouraging the market, whatever the market means in these days. But we've seen it before where that's typically the last sort of bastion of hope before everything rolls over. And when you see names like Caterpillar on over, dear rolling over these very manufactured, sensitive, economically sensitive names,. On top of which you mentioned the banks trade. They trade awfully. That's not particularly encouraging.

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