Caterpillar Soars 7% To All Time High After Smashing Earnings, Boosting Guidance
• http://www.zerohedge.com, by Tyler DurdenDow futures are higher by over 100 points following a spate of big beats among Dow components including 3M, GM, UTX, but none more so than Caterpillar which just announced...
One of the major points about higher stocks is the fact that they are not really higher. Part of what is happening is that the dollar is devaluing. This means that those who don't invest, along with those who take a loss when investing, have less buying power with their small handful of dollars. It's called inflation, and stocks rising are an indicator of it.