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Consider Waste Management, if you like making something out of nearly nothing

It's a cliché, but it's true, and bears repeating during these challenging economic times: It's not a market for faint-of-heart investors, and those with low risk tolerances.

Most investors are side-lined, and with good reason. The pronounced U.S. recession continues. Meanwhile, other economic issues await policy resolution in Washington, but the two major political parties are not exactly singing kumbayah.

Well what's an investor to do? Think: Making something out of nearly nothing. Waste Management does.

Continue reading Consider Waste Management, if you like making something out of nearly nothing

It's a recession for recyclers, too

It's one of the the most frustrating and unfortunate aspects of the U.S. and global recessions: a noble sector, a win-win-win all around, is facing dire times.

The recycling sector is being decimated by the economic slowdown. Many industry players may not survive, the whole process of creating new from the old seems to be stalled, and all over the globe piles of plastic, cardboard, newspaper/paper, and metal, among other re-useables, are piling up, The New York Times reported.

And the reason is obvious enough: demand for consumer goods and other finished products is declining, globally, and that means the chief manufacturing centers of the world - - China being the largest - - don't need the recyclable materials that a year ago were so much in demand, The Times reported. Prices have plunged: paper, down to $20 a ton from $105 a ton; plastic bottles to 2 cents a pound, down from 13 cents a pound; aluminum to 30 cents a pound, from $1 a pound.

Economist Peter Dawson told BloggingStocks expanded storage capabilities during this recession means recyclers will be able to hold more than 10 times the recycled material than during the last U.S. recession in 2001-2002, but there are financial and storage limits.

Continue reading It's a recession for recyclers, too

Symbol Lookup
IndexesChangePrice
DJIA-114.2010,350.20
NASDAQ-23.922,152.13
S&P 500-13.751,096.88

Last updated: November 27, 2009: 11:23 AM

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