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Garbage, the Financial Markets and Preparedness: What’s the Connection?

“The Gleaners,” by Jean-Francoise Millet; oil
“The Gleaners,” by Jean-Francoise Millet; oil

Goldman Sachs has upgraded Waste Management stock from a sell to a buy as a safe place to invest in a downsizing economy. At first read, this made little sense to me, as I think of a recession as a time when you hunker down and buy less, thereby creating less garbage. But maybe it’s a well-run company in an era of companies that produce goods and services that we can actually do without, making it at least a necessity of sorts.

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