Stockwatch: Fanfare For A Down Year
This article was originally published in Scrip
Executive Summary
The build-up to this year's annual JP Morgan Healthcare conference in San Francisco has been muted by recent events and portends a year that has started very differently from the last. This year's dramatic falls and suspended trading in mainland Chinese stock markets as well as commodity weakness have cast a deep shadow over the healthcare sector, the share prices of which cannot avoid an association with one of the worst stock market starts for many years.