Caterpillar’s Biggest Profit Miss in a Decade

The video discusses the impact of China's slowing economic growth on global companies, particularly Caterpillar. It highlights Caterpillar's significant share price decline and regional performance, with a focus on the Asia Pacific region. CEO Jim Umpleby provides insights into the company's future outlook, forecasting a flat market in China for 2019. The video also explores Caterpillar's correlation with emerging markets, raising questions about future market reactions.

What forecast did Jim Umpleby provide regarding the Chinese market for 2019?

How has the sales trend of Caterpillar in Asia changed over the years according to the text?