Santa Fe Advisors, LLC

Investment advisor for individuals and institutions

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A Year of Surprises – Market Commentary

By David Marion, CFA®; January 18, 2017

2016 began in a very inauspicious manner in global financial markets, with global stock and credit markets plummeting for the first six weeks of the year. The broad US stock market experienced its worst January in history, amid an oil price collapse, a decline in corporate earnings, and fears of an economic “hard landing” in China.

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