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What a Tough January Means to the Market At lunch time on January 20th, the S&P 500 index was down 11.3% for the month, on its way to the worst January return ever. By month’s end, it settled at negative 4.93% – a welcomed paring, but a shot in the gut nonetheless. It was the ninth worst January for the index since 1926, and the worst two-week start ever. We’ve heard rumblings that this descent portends disaster for the rest of the year. The best way to determine this is by using the data. Take a look… No need to …