If you need something to give you investment worries this weekend, this list will do it

The employment report for June was positive with both job creation strong and the participation rate higher. This is reflected in the stock market, but there are still growing clouds of economic and financial concern. 

Call it the curse of being a fixed income guy, but as we start the second half of the year, I am focused on some major headwinds that can dampen any further increase in financial asset prices.