Caterpillar (NYSE: CAT) is looking dirt cheap today, but with the future of the economy as uncertain as it's ever been, many are wondering if we'll plunge into another recession.

In the video below Fool.com contributors Chris Bledsoe and Austin Smith answer the question about what this would mean for investors today, and how you should be looking at Caterpillar going forward.

Austin Smith has no positions in the stocks mentioned above. Chris Bledsoe has no positions in the stocks mentioned above. The Motley Fool owns shares of Joy Global. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.