it’s not just debt crises on the European periphery that the continent has to worry about.
The economy still really sucks.
This slide from Whirlpool’s (WHR) latest earnings presentation — the earnings report that pushed the stock to an all-time high — is rather telling.
Basically the world looks like: Asia and Latin America are hot. North America’s coming back modestly and Europe remains dormant.
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See Also:
- This Whirlpool Chart Is The Craziest "V" We’ve Seen Yet
- How Could This Be A Recovery With Caterpillar Sales Like These?
- Caterpillar: The Rest Of The World Is Coming Back Fast, But Boy, America Is Horrible