Mind The Slow Lane: Caterpillar, Copper & Lumber All Followed China Slowdown

The news of Caterpillar’s proposed layoffs of 10,000 employees on falling demand came as a shock to some, but not if you watch the commodities markets.

Copper and lumber, two construction bellwethers, have been falling in recent years. And Caterpillar has followed.

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China, the main culprit in the global slowdown, has seen exports falling since 2013 in terms of growth rates.

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No wonder Fed Chair Janet Yellen almost passed out while speaking yesterday.

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