The Editor 

Momentum misery

John Hughman

Momentum misery

Investors will have been watching the markets through their fingers this week; profit warnings are starting to mount up, concentrated on – but not confined to – the Alternative Investment Market (Aim), and fears over a brewing crisis in Italy have seen markets facing broad selling pressure. Confidence had already been shaken by general fears over global growth – further fuelled by downgrades from the IMF this week. Could this be the start of the big blowout that everyone has expected for so long? 

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