It has been a rough start to the year for investors – Monday’s market action included. On an intraday basis (i.e., within the day), the S&P/TSX Composite Index had fallen just over 8% (at time of writing) from its November high. The S&P 500 Index entered official correction territory (a drop of more than 10% from its high), down more than 11% intraday Monday from its high of January 3. And the NASDAQ 100 Index, also in a correction, had fallen more than 15%. 

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