Fat Lady Singing "As Good As It Gets"

By Mish Shedlock of Mish Talk

Investment Advisor Representative - Sitka Pacific Capital Management • Apr 24, 2018 at 6:30 PM EDT

The irony of the day comes from headline news on Caterpillar, 3M, and Coke.

Bloomberg boasts Caterpillar Just Gave a Huge Vote of Confidence to the Global Economy.

This is what the stock market thinks.

(Click on image to enlarge)

MMM Worst Day in Nine Years

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Beat the Street

Strong beat rates so far for both bottom and top line growth@bespokeinvest pic.twitter.com/SxzAoszPpI
— Liz Ann Sonders (@LizAnnSonders) April 24, 2018

Market Dives on "Votes of Confidence"

"As good as it gets" likely applies to technology, housing, and cars as well.

One Word: Sell.

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