The garbage industry is about as recession-proof as you can find, says David Fessler. People won’t stop taking out the trash in a downturn. David says the Market Vectors Environmental Services ETF (AMEX: EVX) is a great way of investing in the sector, and is a bargain right now. For a specific company pick, he recommends Clean Harbors (NASDAQ: CLHB), which treats hazardous waste.

Canadian Solar Shines; Battle of the Trash Barons; Run on IndyMac; Bush Lifts Drilling Ban; New iPhone Sells 1 Million Units; Middle Eastern Airlines Dominate Airshow; Russian Oil Producers Miss Targets; Shell Buys Canada’s Duvernay

Citigroup Cutting More Jobs Soon; Housing Outlook Remains Bleak; Consolidating Waste; Declining Euro; Huntsman Sues Apollo; GM Boost Prices, Cuts Costs; Safran Woos with Higher Offer; Motorola Slumps on “Sell” Rating