David Rosenberg is mostly known as a bear or a tilt towards being bearish in recent years. His recent tilt is not so much bearish but a 360 degrees shift from deflationist to yield whore. Recently he released a series of interesting charts for the year of 2013: Rosenberg is of the opinion that non financial corporate sectors are doing ok, which is a positive thing. There is a shift in the yield of equities versus medium term bonds so much so equities are yielding more than bonds. This probably one of the reasons equity looks a better value proposition than bonds. Commodities depend largely on the performance of China. When China stabilizes, commodities are likely to turn. This chart shows the amount of safe haven money. In an environment with an adequate interest rate, this may look ok, but when its earning next to nothing, what happens when some ......