Why is Caterpillar stock price keep going up when sales has decline 30% in Asia. Supposedly, there is a real estate recovery according to mainstream media both in the United States and abroad.
The reality is that there is no real estate recovery at least not in the United States. All you have to do is go to Trulia.com and type in a city and you will see tons of houses in foreclosure. If there is a real estate boom in Asia, why are sales for heavy machinery to build homes and apartments going down for Caterpillar.
