Market notes: we have a new narrative

We are now two outbursts of volatility into the new calendar year and it is tempting to take another look at the Investment Reader's portfolios, which I will do at the end of the coming week. It is of course impossible to know for sure whether the bad week for equities last week will get even worse as we move towards the end of the month. Friday was a pretty brutal day with a sharp sell-off in US markets rounding off a poor week generally.

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