BCA: No fundamental recovery in emerging markets or China has taken place

There is a mainstream narrative and there is a reality. Professional investors are best served when they understand both. From the perspective of BCA | Edge, the independent research provider puts on display its edge by comparing the sheep narrative with the reality of real emerging markets demand forces and China.

Their conclusion is that a reality check is required and the performance drivers attributed to the current emerging market rally "are either incorrect or have nothing to do with EM fundamentals," the research provider wrote in an August 17 piece titled "Narratives Versus Reality."

Also see China's $34 Trillion Experiment Is Blowing Up - Kyle Bass

In a...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here