Advisors may be fielding some calls from nervous clients this week.

The new trading year kicked off inauspiciously, with a global rout amid concerns about an economic slowdown in China and escalating tensions in the Middle East. Overall, it may be a challenging year ahead for advisors and their clients. And while investor attention is currently focused on global markets, China growth and energy prices, Fed tightening also remains a persistent factor for equities in 2016.

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