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Trade Alert: Recession Fears Will Hit This High-End Bedding Supplier First

Discretionary stocks perform well in a world of limited competition and strong consumer demand. Unfortunately, neither situation prevails today. Recession fears have weakened demand for products that aren’t consumer staples and can be put off for another time. Jim and Scott identify one major bedding supplier who faces headwinds from low-cost competition and an economic slowdown that puts a lid on growth and gross revenue.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, Currency Wars Alert and Gold Speculator with Byron King . He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management...

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