The Tantallon India Fund closed 1.87% lower in January as markets picked apart narratives on vaccination rollout delays, mutating Covid virus, further lockdowns, the Reddit message boards triggering an epic short squeeze, the PBOC signalling their concerns with speculative excesses, and a rash of executive orders by US President Joe Biden, and much navel gazing and partisan rhetoric on a US$1.9 trillion ($2.5 trillion) stimulus package.

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