Chinese (中文) 
UK Subprime , Prime, mortgage, Credit, Financial Crisis Recession causes ,Rate cuts, Bail out Impact on Housing Industry Demand, Prices and Credit Default Mechanism, 2009 macroeconomics, currency, equities, housing, commodites , derivatives  asset bubbles prices burst simulations
              Multiclass Fund asset allocation and markets rIsks, mortgage crisis early warning workshops
 

A.       Challenges and Risks:  Greater China, Asian,US, UK    Phase I  monetary, economic, fiscal policy impact on interest rates, currency, Housing, Equities, Commodities, Bond, Derivatives Asset Prices  Bubble Burst Mechanism and Sub-prime on Daily Prices Dynamics , resulted trillion dollar banking, finance, subprime, mortgage, Credit crisis, Financial , Systemic Risks   impact on  Recession and
Phase II Global deep recession   impact on housing price slump and trillion dollars banking, credit, financial crisis and industrial sectors demand, prices slump and operating loss

for recessions, housing, banking, finance, energy material sectors facing correction, credit default, equities, currency market risks and corporate scandals ,China infrastructural program for sustaining GDP growth and financial , housing market price stability

B.       Opportunities: China /US/UK  banking, finance, capital markets reform for China/global innovative financial products, and China  568 billion dollar infrastructure stimulus plan and 10 industrial sectors stimulus plan impact on China 2009 economic recovery, stock market rebound.

US  8 trillion dollar  bail out for housing, banking, finance and trillion economic stimulus,  renewal energy, healthcare, high way,  school construction, tax rebate, job creation impact on economic recovery and listed companies earning, stock prices markets for  Sovereign Wealth Fund, QFII/QDII investment banking IPO, M/A, ETF, BRIC, Indexing mutual fund, Optimal Equities, Commodities, Housing, Bond , Currency Asset Pricing Mechanism OSA, long/short allocation, performances, real time commodity, financial futures, derivatives trading, arbitrage, hedge , pension fund  strategic wealth management( presented to China Peoples Bank, 24 global central banks governors, risk management confernces since 1999)
 
      Proactive Structural Dynamic Simulation of last 20 years China/US/UK, Asian  Mortgage Defaults Crisis,  Macro-economic inflationary recession, unemplyment targeting, Monetary  interest  rate  policy Impact on mortgage rate, Emerging bull/bear  stocks and housing market trend , Prices Bubbles burst, Mortgage Loan Credit rating, Prepayment, Defaults, Recovery Modeling, Bond Spread, credit derivaitves pricing in Assets Securitization, Risks Hedging                         
                                 San Francisco, New York   in-house workshops
                by reservation  at your convenient time your office
wh3928@yahoo.com                          
                conducted  by Dr. Warren Huang, Pioneer, Global Strategic Management OSA
 Preparing for Macroeconomic control,  rate cuts, global commodities, housing, equities price bubbles burst, Housing Market Credit Crunch, Mortgage Default    Crisis Early Warning 

UK subprime and prime mortgage crisis causes and impact  OSA
:Comment by Warren Huang Wall Street Journal Market Beat- February 8, 2008 at 12:39 pm
The trouble in sub-prime crisis are due to housing price slump from overpriced bubble in  poor housing , equities, CDO valuation and credit rating method, which are based on 30 year old statistical, probabilistic models in pricing and default., betting on the wrong side of investment, over-optimistic over US inflation and economy and housing markets.
As  I warned last June , 2007 Peking University, Beijing International Financial Engineering Risk Management Conference to top global investment, housing executives and on this blog last Sept before Fed rate cuts
that rate cuts, can not stop US housing price slump continue into 2008 summer, drag US and UK into recession, US and global stocks into bear market correction, with banking, finance, housing, shares down 50 %, -70 %IT, oil, retail and high fliers GOOG, AAPL, PTR , GS shares down 50 % Only my proactive structural dynamic simulation predicted months, years ahead of the emerging market trend avoided trillion dollar market loss  details can be found on my one day full day workshop Mar.6, Pudong, Shanghai, China world fund 2008 www.osawh.com/fund2008.htm and www.osawh.com/mortdefa.htm

              Strategic PGFCR  :       Proactive Global Housing, Credit,  Financial Crisis, Recession Operations Simulation) Forecast, complete coverage of  years, months, ahead of lat 30 years and current housing, equities, commodities , MBS, ABS asset prices bubbles formation, boom and bust, early warning of  derivatives hedging resulted financial crisis, avoided betting on the wrong side of investment resulted  trillion dollar loss, deep recession and its impact through global macro, financial, industrial, trade economy integration and impact on daily capital market asset price mechanisms

 Do not miss  on 2009 China/US/UK economic, financial  market outlook Trillion Dollar Recession Hedge Optimal long-short  strategy lectures
 

by Dr. Warren Huang lectures, panelist speakers on financial crisis, recession strategy  Feb, March Hong Kong, Pudong QFII/QDII summit  conferences 2009
short ,ultra short strategy

Phase I  monetary, economic, fiscal policy impact on Global Housing, Equities, Commodities, Bond, Derivatives Asset Prices  Bubble Burst Mechanism and Sub-prime on Daily Prices Dynamics , Subprime, mortgage, Credit crisis, Financial , Systemic Risks   impact on  Recession and
Phase II Global recession impact on banking, credit, financial crisis and industrial sectors demand, prices slump and operating loss

for
Asian private equities, leverage finance acquisition summit  , Feb 16- 17, Hong, Kong  by Euromoney
China Derivatives, Summit Credit, Financial Crisis, Recession Risks  Derivatives Hedging  2009  Conference, Pudong, China, March, 2009      by   EUROMONEY 
            Trillion Dollar Recession Risks Hedging  2009  Conference, Pudong, China, March, 2009   program           China   
China/US 2009 Housing, Financial Crisis Impact on  Recession,, and Recession , Economic Stimulus Impact on  Economy , Capital Markets    Forecast by Dr. Warren Huang
Proactive Structural Trillion Dollar Recession Hedging, Multiclass Asset, Derivatives Allocation Strategy
   
               by Dr. Warren Huang  website: www.osawh.com   Hyatt Regency, Pudong, Shanghai, Mar24- 25, 2009
and
Global/China multiclass (Oil, commodity, Equities, Bond, Housing Asset pricing and allocation    by
World Renown Proactive Structural Asset Pricing pioneer  Dr. Warren Huang

 Post- Conference Master Class Strategic Multi-class Asset Allocation Workshop, Terrapinn                  Chinese
   Proactive Structural Multiclass Asset Prices Mechanism and  China/Global  Fund World,  Asset Allocation  2008,- 2009
 
                 by Dr. Warren Huang, Pioneer OSA Global Strategic Management     
Proactive Recession Strategy   
                                           
Shangri-La Hotel, Pudong, Shanghai, Mar 4- 6, 2008

                                  
Reservation  
for your in house workshop   osawhh@sina.com/  wh3928@yahoo.com
 risk management panelist and   planned  full day master class workshop lecturer for  Terrapinn China Fund World  2008  conference, offer Proactive structural China/global   asset pricing, 2008, credit tightening, recession impact on Energy, Commodity,  multi-calss assets  long-short hedging, asset  allocation strategy to 150 China/Global fund manager, investment bank CEO, executive, China QFII/QDII executives

Predicted by Dr. Warren Huang, pioneer of Proactive Global Asset Pricing Mechanism , June 2007 , Beijing, Wall Street Journal Economic, Market Beat
 Blog Aug.2007 that
US and Global Housing price bubble burst, prices plunge 30 % into 2009 ( with Dec . 2008 20 city Schiller  price index down 19 % http://www.slideshare.net/hblodget/october-case-shiller-home-price-index-presentation ), with medium price plunge 26.6 % fro 2006 peak ,drag US and  global economy into 1980 style deep double dip recession  stocks bond, oil,  commodities, metals ,Derivative Asset Prices Bubbles Burst with 50 -70 % 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 7000-8000- 9000 will test 6000- 7000, NASDAQ test 1100- 1250, S&P test 600-  700 low, oil price plunged 50 -70 % from 147 to 30,Gas oil from 1300 to 500 , corn  from 800 to 350, cotton from 80 to 44 )as global economy  enter deep recession through 2009, despite rate cuts to zero, US700 billion and ECB 2.3 trillion bail out
to stabilize credit crisis , there is no economic recovery till late 2009, even with US trillions dollar mortgage MBS, bail out and infrastructure job creation program. US spend 8 trillion bailout  fighting crisis , recession   http://finance.yahoo.com/banking-budgeting/article/106403/The-8-Trillion-Bailout   http://www.nytimes.com/2009/01/05/opinion/05krugman.html?_r=2
Comment by Warren Huang Wall Street Journal Market Beat- Blog
 January 23, 2009 at 2:23 pm
We have been through Phase I monetary, economic, fiscal policy impact on Global Housing, Equities, Commodities, Bond, Derivatives Asset Prices Bubble Burst Mechanism and Sub-prime on Daily Prices Dynamics , Subprime, mortgage, Credit crisis, Financial , Systemic Risks impact on Recession which causes housing price down 19 %,trillions dolllar fiancial market loss, bankruptcy of Lehman, AIG Fannie Mae Freddie, Merrill Lynch and Citigroup with deep recession -5 % GDP adn 7.2 % unemployment and now
we are entering Phase II Global recession impact on banking, credit, financial crisis and industrial sectors demand, prices slump and operating loss with jobless rate at 8- 9 % and business, consumer spending over 5 %,
will drag stock price for 20 % more correction resulted widening mortgage, credit card, business loan loss will drag Bank of America 16 billion dollar loss even JP Morgan and more banking, financials into widening lossdetails on http://www.osawh.com/mortdefa.htm http://www.osawh.com/recession.html  http://www.osawh.com/macro.html http://www.osawh.com/SP500.ht

Trillion dollar housing recession hedge by Dr. Warren Huang

I warned  June , 2007 Peking University, Beijing International Financial Engineering Risk Management Conference and on this blog last Sept before Fed rate cuts
that rate cuts, can not stop US housing price slump continue into 2008- 09, drag US into recession, US and global stocks into bear market correction, with banking, finance, housing, shares down 50 %, IT, oil, retail and high fliers GOOG, AAPL, PTR shares down 30 % Any Hedge fund follow my advice could make trillion dollar in 2007.
details can be found on my one day full day workshop Mar.6, Pudong, Shanghai, China world fund 2008 www.osawh.com/fund2008.htm and
www.osawh.com/mortdefa.htm
Comment by Warren Huang Wall Street journal Market Beat Blog- February 8, 2008 at 11:28 am

Challenges and Investment opportunities, risks in 2009  China/US/UK housing prices bubbles burst impact on
inflationary recession, stocks, fund, commodities markets outlook

Dr. Warren Huang
 will be the keynote speaker on 2009 US recession, credit, financial crisis outlook and China Infrastructure Program to boost domestic demand in fighting the global recession and crisis and panelist on Challenges on China onshore, offshore derivatives markets
HE was  the full day master class workshop lecturer for Terrapinn Fund World China 2008 conference, Shanghai  Pudong Shangri-La hotel, March 6 offer Proactive structural China/global asset pricing, 2008 credit tightening, recession impact on BRIC,Optimal  1xx/xx  long-short hedging, asset allocation strategy 2008

We will provide 5 -day  monetary policy impact on macroeconomic control, inflation/
Find out breakthrough innovation in proactive structural strategic financial decision analysis through artificial intelligence, neural net based expert systems macro, financial, industrial pricing econometrics  integration, simulation  and extension to Engle's Exponential GARCH  dynamic times series estimation co-integration into Granger Causes and Casualty analysis of US  housing, equities, currency, commodities price bubbles, tracking the causes, onset, recovery, early warning of US/China, global central banks monetary  interest rate policy impact on macroeconomic control inflation, un-employment, housing mortgage crisis, global  housing, equities , currencies, commodities prices, mortgage rate, nationwide major cities, counties, trenches housing, demand, new and existing housing prices , associated  prime, and sub-prime loan credit rating, pre- payment,  default, recovery modeling, ABS, CRE,  RMBS, CDO  bond spread, hedging fund strategy.

US Fed and Global central banks, economist, banking, financial, mortgage loan and commercial, investment banking , hedging fund managers,  markets analysts have been ignoring Dr. Warren Huang warning on Asset Prices Bubbles at Kula Lumpur, Sept. 2002 to Malaysia central banks Asset Based Securitization ( ABS/MBS)  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, www.osawh.com  and on Wall Street Journal energy blog, real time economy blog and market beat blog since Aug 2, 2007 warned  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,  excessive wealth gain resulted excess liquidity, facing credit tightening, rate hikes, widening bond spread,  suffered trillion dollar loss in bond and stock, housing  bubble burst , rate cuts, bail out can not stop  credit crunch  and loan default and drag economic into recession, ABS, RMBS, CDO asset credit and performance downgrade, hedge fund failure  through 2008. www.osawh.com/ABS.html
 

Workshops Goal
:  OSA  forecasts  maximize  risks adjusted return in US/UK/China housing markets and ABS, RMBS, CDO investments , default risks early warning fighting  housing market recession, credit crunch, avoided  banking , housing, equities, commodities,  markets  trillion dollars assets downgrade, value loss in economic recession. 
Workshops Mission: Setup  goal, mission, performance oriented strategic, executive OSA teams, develop, implement proactive, structural  global central banks monetary policy guidance and control in macro, financial, housing , energy market economy market forces demand, prices mechanism and loan and ABS assets, credit rating, prepayment, default, recovery  modeling Operations Simulation Analysis (OSA)  strategic investment,   forecasts month ahead, of the emerging  credit default, recession  trend, crisis impact on global currency, commodities, equities, bond prices  investment strategy and risks hedging early warning, 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 equities, housing, commodities  asset prices bubble burst, mortgage default , credit, financial crisis, recession, bear market correction tracking regulation AB for ABS RMBS, CDO pooled asset credit rating and performance, default, global assets allocations, with 2008 forecast.
 
5 Day China Macroeconomic, Housing , equities bubble control  and Default , Credit,Crisis Recession Impact and strategic investment, risk management  Early Warning
5 Day  US  Macroeconomic, Housing , equities bubble control  and Default credit,Crisis Recession Impact and strategic investment, risk management   Crisis Early Warning
5 Day UK  Macroeconomic, Housing , equities bubble control  and Default credit,Crisis Recession Impact and strategic investment, risk management    Early Warning

US  Macroeconomic, rate cuts , housing , equities, commodities bubble control  and Default credit, Crisis Recession Impact and strategic investment, risk management  Early Warning 

Day One

A.       Challenges and Risks:  Greater China, Asian,US    Phase I  monetary, economic, fiscal policy impact on Global Housing, Equities, Commodities, Bond, Derivatives Asset Prices  Bubble Burst Mechanism and Sub-prime on Daily Prices Dynamics , resulted trillion dollar banking, finance, subprime, mortgage, Credit crisis, Financial , Systemic Risks   impact on  Recession and
Phase II Global deep recession   impact on housing price slump and trillion dollars banking, credit, financial crisis and industrial sectors demand, prices slump and operating loss

for
 recessions, housing, banking, finance, energy material sectors facing correction, credit default, equities, currency market risks and corporate scandals ,China infrastructural program for sustaining GDP growth and financial , housing market price stability

B.       Opportunities: China /US banking, finance, capital markets reform for China/global innovative financial products, and China  568 billion dollar infrastructure stimulus plan and 10 industrial sectors stimulus plan impact on China 2009 economic recovery, stock market rebound.

US  8 trillion dollar  bail out for housing, banking, finance and trillion economic stimulus,  renewal energy, healthcare, high way,  school construction, tax rebate, job creation impact on economic recovery and listed companies earning, stock prices markets for  Sovereign Wealth Fund, QFII/QDII investment banking IPO, M/A, ETF, BRIC, Indexing mutual fund, Optimal Equities, Commodities, Housing, Bond , Currency Asset Pricing Mechanism OSA, long/short allocation, performances, real time commodity, financial futures, derivatives trading, arbitrage, hedge , pension fund  strategic wealth management

UK  Macroeconomic  rate cuts, fiscal bail out, stimulus plan impact , currency, inflation risks, boom and bust cycle credit crisis, recession  OSA, Forecasts
morning:

Monetary Policy Trilemma:  Macroeconomic growth , housing, equities asset prices bubble , inflation control and  dollar currency depreciation OSA
 
 * Proactive Structural dynamic OSA and EGARCH Granger co-integrations of  UK Bank of England macroeconomic control rate cut solving sub-prime and prime mortgage credit crunch, bail out coping stock, housing  bubble wealth  gain and trillion dollar burst wealth loss tracking money supply, interest rate, dollar currency  impact on housing, stock prices bubbles, consumer, business spending, inflation rate, un-employment rate and inflation rate
 * Monetary policy,  oil prices, currency, consumer, business spending impact on inflation rate, GDP, interest rates
Afternoon:
Monetary Policy Trilemma: Currency  depreciation and DFI  outflow, market excessive liquidity
* Interest rate and trade balance impact on daily China RMB,  and  Yen, EURO, Pound exchange rates and currency carry trade DFI in asset price speculation.
* Interest rate, credit tightening impact on asset prices bubble burst , mortgage default and mortgage default impact on inflation, GDP, unemployment, recession

Day two: Housing Industry  Price Bubble Growth , Control and Burst, mortgage loan, credit default, credit, financial crisis CRE, RMBS,  default OSA
Morning:
 UK central bank monetary , fiscal, economic policy impact on national, London, regional housing demand and prices mechanism
*UK  Monetary Policy macroeconomic control , rate policy  impact on removing excessive asset  market liquidity and cool off the overheated housing price bubble  and inflation
.
Afternoon:
UK housing bubble burst, loan , credit default financial crisis impact on stock market crash, economic recession early warning
UK  EURO, pound ,Yen dollar , monetary, economic, fiscal policy, stock markets price bubble burst , unemployment  impact on   UK London coastal area housing sales, and prices OSA forecast
^ Proactive structural UK  housing personal, corporate, ABS, RMBS,  loan credit rating, securitization asset performance, prepayment, sub-prime and high end  mortgage loan default  and induced stock market crash and economic recession early warning  OSA 

Day three: Excessive liquidity, housing  demand, prices Impact on Housing and downstream construction, building  material Stock Price Bubble Growth and Burst, Bear Market Correction and recovery  OSA
Morning:
 UK monetary policy impact on housing demand and prices, banking, finance, construction  and construction materials metal, cement industry demand performance
*UK Monetary Policy macroeconomic control raise rate 17 times impact on removing excessive asset  market liquidity and banking, finance stock price performance
* UK   rate cuts, bail out, stimulus plan impact on  housing loan, construction industry demand and  prices.
Afternoon:
* UK dollar depreciation, monetary policy, stock markets price bubble,  unemployment, rate cuts impact on  coastal area  New Your, Miami, LA) housing, prices, Dow Jones, S&P, NASDAQ stock indices future,  price OSA forecast
^ Proactive structural UK  housing personal, corporate loan credit rating, prepayment, sub-prime and high end mortgage loan default and banking real estate stock performance early warning  OSA 
Day four:  Consumer ,business, spending impact on housing   on oil commodities , metals upstream/downstream price bubble burst , demand, profit, stock prices OSA
  Morning:
UK monetary policy impact on construction material, energy, metal demand, stock  prices, OSA
*UK Monetary Policy macroeconomic , housing industry control impact on housing, construction
material , steel, gold, copper, aluminum metal demand , prices .
* UK and global housing bubbles impact on  oil, energy downstream demand, prices.
Afternoon:
*  UK monetary policy,  consumer, business spending impact on housing demand and steel, metals companies profit ,stock price
^ UK monetary policy,  consumer, business spending    impact on housing demand and  energy, downstream companies profit , stock price OSA
Day five : Proactive structural asset pricing, risks valuation  macroeconomic systemic risks and credit, market risk integration,  credit, financial recession crisis early warning  OSA
morning:
UK country macro-econometric inflation, currency systemic risk.
*  UK Fed  monetary policy, housing industry price control impact on GDP, inflation and asset price bubbles
*  UK  monetary policy interest rate, trade impact on currency price mechanism, carry trade money speculation  .
Afternoon: Proactive Structural asset prices and risk valuation for crisis, risks early warning
UK equities, bond, commodities, housing price bubbles burst associated market risks, and loan default crisis
*  UK  housing and equities price bubbles bursts and housing, equities, futures market price risks early warning
*  UK  twin bubbles burst impact on commercial and investment banking, asset management loan credit default
risks and ABS, RMBS, CDO credit derivatives, hedging,  betting on the wrong direction resulted trillion dollar loss.
 
 
Who Should Attend : Central banks policy research, commercial, investment banking, real estate mortgage, hedge fund manager mortgage bond structural finance ABS, RMBS, CDO, securitization managers, insurance managers, mutual fund , SWF fund managers, government regulation strategic (top management) , execution (managers )  

Workshop Costs/ Benefits   Dr. Warren Huang round trip air fares from San Francisco  for full day  and lecture fee workshop with unlimited attendees 
Workshop recommendation will make trillion dollar profit and save billion dollars in betting on the wrong direction of investment and default risks, loss, capitalize opportunities in economic slowdown, recession and asset prices bubbles burst

  Reserve by email  wh3928@yahoo.com  indicating your  favorite  time, your office address, and lists of executives names, title