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OPINION9 May 2019

A dangerous point in the cycle

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Finance Impact Opinion Trends UK

Lorna Tilbian, Impact’s finance columnist, looks at the recent spike in profit warnings and a financial market that’s at a dangerous point in the cycle.

Bear markets ignore good news and bull markets ignore bad news, but what do highly volatile markets do? They punish any profit shortfall or disappointment by slashing and burning the share price. It has been a harsh pattern of market ...