2013 started with stocks going higher. But sometime in May global interest rates begin to rise and the Japanese stock market began to fall.
Since then we've pretty much seen a rout in emerging market stocks, currency weakness, volatility in Japanese government bonds and concerns about both the Fed taper and the effectiveness of Japan's aggressive monetary policy stance.
In this environment David Rosenberg highlights "10 nagging concerns."
Click here to see the charts >>
1. China can't announce another massive stimulus because it would add to "an unprecedented credit bubble."
2. ECB chief Mario Draghi isn't stimulating the economy like he once was.
3. The canary in the coal mine has contracted for four straight months and this raises questions about the health of the Asian economy.
See the rest of the story at Business Insider