Caterpillar Becomes the Latest Corporate to Give Grim Forecast

  The latest corporate to indicate towards weak global economy is the American engine and machinery manufacturer, Caterpillar. Looking at the sluggish demand for heavy engines and machineries, the company slashed its forecast of 2015 earnings and stated that 2014 will also be a year of stalled growth, just like the current year. Caterpillar, however, […]

Fiscal Cliff Worries May Fuel Up Further Decline of Stocks

  Anxieties regarding sustained deadlock in Washington with regard to looming tax rises, and spending reductions have led to Wall Street dreading that the market stocks are more likely to carry on to decline throughout the holidays. The technology weighty NASDAQ composite market stock index and the famous Russell 2000 market index of tiny-cap market […]