Since the United States’ last election, stocks have been falling. NYU Stern’s professer Nouriel Roubini has outlined six key reasons and Joe Weisenthal has summarized them.

The first reason is due to slow growth.

Next, the crisis in the Eurozone is going backwards. Things are not getting much better and Greece is running into troubles again.

There have also been political instability in the states as well as concerns regarding fiscal cliffs.

Some shares have had valuations that are too stretched, such as Google. These valuations are getting more and more difficult to justify, as there is technology for market deleveraging now.

Quantitative easing (QE), or to “increase the money supply” is running out of its impact. This has been done in the past and a QE3 was launched near a market peak. Unfortunately, this means earnings and revenue miscalculations are expected to increase.

Lastly, there is geopolitcal risk again in countries such as Israel, Gaza, etc.

On top of the above reasons, I also believe shutting down the NY Stock Exchange for the first time in years due to Hurricane Sandy also slowed things down in the stock market.

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