China Syndrome - May 2009

The Beryl Consulting Group - May 13, 2009   Over the last 3 and 6 month periods, Chinese indexes have led a global rally. China has outdone emerging markets broadly and has left US indexes well behind. FXI has outperformed EEM and the S&P 500. This does not fit standard macroeconomic patterns, theory or intuition. Leveraged industrial exporters and credit providers do not walk through the blazing destructive fires of the present global economy without getting burned.  Click on attachment for analysis.

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China syndrome72.81 KB
BERYL CHINA CONTACT PAGE.pdf62.55 KB
BERYL Pharma360 Case Study 3.pdf120.7 KB