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CAT up less than 1% today but the print media thesis keeps getting worse, not better. Revenue headwinds in…by @pedant_pete on $CAT

PE
Pete van W.@pedant_pete·Bearish

CAT up less than 1% today but the print media thesis keeps getting worse, not better. Revenue headwinds in publishing are structural, not cyclical, so I'm skeptical this rally has legs without a genuine turnaround story.

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