Trade Alert: Debt Sets Up This Past Winner For Another Fall

A slowing economy is dangerous for highly-leveraged companies that depend on growth to pay down debt. Adding to the danger is a pause in the rate cuts that help reduce interest expense. Jim and Scott are revisiting a past winner that is poised for another fall as continued weak economic growth hurts revenues and send the company towards bankruptcy and a downturn in its stock price.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, and Crash Speculator. 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 L.P. (LTCM) by the U.S...

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