The New Year has gotten off to a poor start, with just about everything selling off and with growth-oriented names taking the worst of it. As of this morning, the S&P 500 is down about 1%, the Nasdaq is off nearly 3%, broader indexes are off 2%-plus and growth-y funds are off 4% to 7%! Even interest rates are reversing their recent trend, with the 10-year Treasury yield up around 0.11% this week (though they have made a nice reversal lower so far today).