Inside Investment: Hangovers from 2006

January is the month to purge the excesses of Christmas and New Year from the system. Detoxing won’t be so easy for the markets.

January is the traditional time to banish bad habits. For a few weeks at least we all stick to our New Year’s resolutions. The inner Puritan, in exile during Bacchanalian December, returns to centre stage. Living it up gives way to lying low, cocktails to cocooning. Indeed, the only mixed drinks consumed combine whatever fruits make wheatgrass juice palatable to people who don’t knit their own organic yoghurt for the 11 other months of the year.

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