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Stockwatch: Market Turmoil Exposes Weak Fundamentals

This article was originally published in Scrip

Executive Summary

The one good aspect of being away on holiday during last week's stock market turmoil was that I had the perspective of an observer of the frantic selling and buying action. However, the selling action actually started the week before last and there were more warning signs from life science companies, even during the mid-week recovery, which suggested that there may be more weakness to come.

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