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Beware misstated earnings, warns SG quant strategist

Andrew Lapthorne says only the highest quality stocks are going to fare well next year as volatility resumes.

Yesterday we considered the bearish views of Société Générale economist Albert Edwards and the dangers facing equity investors. He made his remarks recently to a room of Hong Kong hedge fund managers; they were meant to set the stage for SG's global quant strategist, Andrew Lapthorne.

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