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Davidson Investment Advisors Market Commentary for Q4 2011
January 17, 2012

Equity Markets

The U.S. equities market roughly ended 2011 where it began (as measured by the S&P 500); however, the year could hardly be characterized as uneventful. We witnessed several extraordinary events, both natural and man-made, including the 2011 Tohoku earthquake and tsunami in Japan, which led to near meltdowns at the Fukushima Nuclear Power Plant and disrupted automotive and semiconductor supply chains...Read Full Report

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