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.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.