2014: China’s economy continues to weaken. Japan has tough year. China/Japan military conflict increases. Emerging markets lag.
2013: China’s economy stalls more than expected. Turmoil increases with Japan. Emerging markets have a tough year.
At Dec. 31, 2013: China was weaker than expected. Abenomics pushed the Nikkei 57% higher. Emerging markets stunk.
2013 score: 6.6/10