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Weather has been putting a chill in markets, too

The brutal winter of 2013-14 is not only making the air frigid but cooling the heels of investors.

While the elements are often cited in the economic data points that have fallen below economists' expectations, some analysts also see the effects of weather creeping into investor behavior.

The equity markets certainly have chilled, with the S&P 500 dropping about 3.4 percent and the Dow Jones Industrial Average off 6.6 percent year to date.

But there's always weather, right? And why should this year be different than the rest?

CNBC.com's Patti Domm and Jeff Cox hash it out.

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