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Ep. 191: Jordan Kahn: Protecting Your Portfolio With Hedging
Investing With IBD
The Consequences of a Recession in the Industry
CNN's John Defterios says there was a temptation to make an exception in this case. But he believes the company should err on the side of caution because it is a cyclical firm that does fertilizer, and if we have a global recession, demand will come down. "The fact that we feel that this recession is still kind of taking hold, let us to believe that we should err onthe side of caution here," said Defterios.
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