US Sept. consumer confidence plunge to 38, ISM manufacturing purchaser index plunge to 38 and jobless rate to 6.5% and Dow Jones plunged 40  % third quarter GDP contract 0.3 %core inflation up 2.9 %, warned, predict by me Sept. 2007 on this blog that US  housing slump continue , will entering double dip inflationary recession 3Q 2008 despite rate cuts, stimulus, bail out plan and extends into deeper recession contracting by 2 % in $Q 2008 and 1Q 2009,  resulted by  full impact o business, consumer spending decline due to 6.5 % jobless and 20 % housing slump, 40 % stocks market loss
  The real causes of current mortgage, credit, financial crisis and recession are due to poor financial, monetary policy decision modeling in asset pricing and  risks valuation mechanism, MBS, CDO , the burst of super housing, commodities asset price bubbles caused by 7 year longest expansive excessive money supply, easy credit policy .
Global central banks, financial markets financial decision still rely on 30 year old probabilistic, statistical Capital Market Asset Pricing (CAPM) and macroeconomic modeling, ignoring asset price impact on inflation and financial, housing , MBS, CDO prices.
Predicted by Dr. Warren Huang, pioneer of Proactive Global Asset Pricing Mechanism , June 2007 , Beijing, Wall Street Journal Economic, Market Beat
 Blog Aug.2007   and March 5, 2008 Pudong, China Fund World 2008 to 200 global top investment banking, fund managers that Global Housing price bubble burst, prices plunge 30 % into 2009, drag  global economy into recession and stocks ,bond, oil,  commodities, metals ,Derivative Asset Prices Bubbles Burst with 50 % Price Correction Cause Credit, Financial Crisis and Economic Recession, ( As Dow Jones, SP 500, NASDAQ drag global stock indices plunged more than 50 % into 2002 recession low ,( Dow Jones  after current consolidate in 8000- 9000 will test 7000, NASDAQ test 1250, S&P test 700 low, DAX test 3500- 4000 low, oil price plunged 50 % from 147 to 70，Gas oil from1300 to 700 , corn  from 800 to 350, cotton from 80 to 44 as global economy  enter deep recession by year  end, despite US 700 billion  and ECB 2.3 trillion bail out to stabilize credit crisis

details on www.osawh.com/Fedcrisab.htm  www.osawh.com/mortdefa.htm www.osawh.com/commody.html www.osawh.com/centmaf.html

Global central banks, economist, banking, financial, mortgage loan and investment banking , hedging fund managers,  markets analysts ignoring Dr. Warren Huang warning on Asset Prices Bubbles at Kula Lumpur, Sept. 2002 to Malaysia central banks Asset Based Securitization  conference,  Singapore,  Nov. 5, Nov 25, 2003 Shanghai Euro-events Asian /US/China Finance, Capital Market  conferences  and China economist annual meeting, Fudan University, Shanghai lecture Dec. 2003 on Monetary Policy impact on US/Asian/China economic outlook, capital market housing, stocks, commodities, debt asset prices bubbles  and  workshops in San Francisco Silicon Valley , US, May 8, 15 , 2004,  and Nov. 2005 in Beijin China Oil Market conference, June 2007 Peking University Financial Risk Management conference lecture  and  www.osawh.com  and on Wall Street Journal energy blog, real time economy blog and market beat blog since Aug 2, 2007 warned that global central banks, economists,  market analysts  underestimated again on the impact of US dollar depreciation, excessive rate, tax cuts resulted soaring consumer , housing, auto, business demand drive oil , commodities, metals  housing  prices bubbles to 23 year high and soaring inflation, facing credit tightening, rate hikes,  suffered trillion dollar loss in bond and stock markets will facing credit crunch  and loan default, ABS downgrade, hedge fund failure  2004-2007. www.osawh.com/ABS.html
 
Workshop Goal :  OSA  financial crisis, recession early warning  maximize  risks adjusted return in housing, equities, bond  markets investments  and default risks  fighting  housing market recession, credit crunch, avoided trillion global banking , housing, equities  asset value loss. 
Workshops Mission: Setup  goal, mission, performance oriented strategic, executive OSA teams, develop, implement proactive, structural  global macro, financial, housing market economy  market forces demand, prices  and risks valuation mechanism and loan credit rating, prepayment, default, recovery  modeling Operations Simulation Analysis (OSA)  strategic investment,   forecasts month ahead, of the emerging  credit default, recession  trend, asset prices and risks valuation in crisis investment strategy  avoided trillion dollar housing and global equities allocation investment  and markets default  loss,
Workshops Highlights: The what , why, how and timing of root causes, onset, recovery,early warning of mortgage default, credit, financial, recession crisis.
Credit tightening, rate hike, Wealth gain on equities, housing prices bubbles speculation  impact on housing prices slump, and rate cuts, bailout, stimulus plan  impact on  US / EU economy, consumer spending on  housing, commercial, industrial properties sales, prices  and bubble burst, loan defaults.

 EU/US  monetary, economic, fiscal policy impact on  housing, equities price bubbles impact on housing prices, mortgage defaults OSA

* How  EU/US rate hikes impact on  housing, properties housing starts, home sales, prices and economic slowdown, recession .
* US/ EU consumer, business, housing demand and OPEC  oil price  increase impact on USEU  housing  steel, cement, metals demand, prices and inflation.
*  US/EU monetary , economic, fiscal policy impact on GDP, unemployment, inflation, stocks indices ( Dow Jones, Nasdaq, SP 500, DAX< FTSE), mortgage rates, housing sales, demand,  prices ( London,EU, coastal area New York city, San Francisco Bay area)  wealth  gain impact on excessive credit , liquidity speculation  Operation Simulation Analysis (OSA) forecasts  modeling
* And its impact on mortgage loan
credit rating  prepayment   sub-prime / prime mortgage default ,  recovery,   default early warning     
UK/ EU  monetary, economic, fiscal policy, housing, equities price bubbles impact on housing prices, mortgage defaults OSA

* How  EU interest rates impact on  housing, properties housing starts, home sales, prices and economic slowdown, recession .
* US/  EU consumer, business, housing demand and OPEC  oil price  increase impact on housing  steel, cement, metals demand, prices and inflation.
* UK/EU  monetary , economic, fiscal policy impact on GDP, unemployment, inflation, stocks indices ( Financial Times, Madrid stock index,), mortgage rates, housing sales, demand,  prices (  London, Madrid)  wealth  gain impact on excessive credit , liquidity speculation  Operation Simulation Analysis (OSA) forecasts  modeling
* And its impact on mortgage loan  ( we work on your data )
credit rating  prepayment   sub-prime / prime mortgage default ,  recovery,   default early warning     Who Should Attend : All Commercial, investment banking, real estate mortgage, Hedge fund
Mortgage bond structural finance securitization managers, insurance managers, mutual fund , SWF fund managers, government regulation strategic (top management) , execution (managers ) OSA team members

Workshop Costs/ Benefits : Lecture FEE plus Dr. Warren Huang round trip air fares from San Francisco  for full day workshop with unlimited attendees 
Workshop recommendation will save billion dollars in investment loss  
Reserve by email  wh3928@yahoo.com  indicating your  favorite  time, your office address, and lists of executives names, title