Chinese (中文)
5-Day  Proactive Structural China Central Banks Monetary, Macro Economic Stimulus ,Housing Price Bubble Control  Fiscal   Policy, Global  Rate cuts, Bail Out, stimulus plan , Credit, Financial Crisis, Recession impact on  China/  macroeconomics, currency, equities, housing, commodites, Banking, Finance, Energy, Construction Materials Prices bubbles, Fund  performance simulations and markets rIsks, mortgage crisis , Recession Risks early warning workshops 
(
presented to China Peoples Bank, 24 global central banks governors, fund, wealth management, oil market investment risk management confernces since 1999)
 
Proactive Structural Dynamic Simulation of last 20 years China/US/ Asian  Mortgage Defaults Crisis,  Macro-economic inflation, unemplyment targeting, Monetary  interest  rate  policy Impact on mortgage rate,  Housing Sales, Pricing, Equities Prices Bubbles,, Mortgage Loan Credit Rating, Prepayment, Defaults, Recovery Modeling, Bond Spread in Assets Securitization, Risks Hedging 
             
         
                                                   Hong Kong,  Beijin, Shanghai, Taipei   in-house workshops
                                         by reservation  at your convenient time at yuor 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  

Trillion dollar recession hedge profit by Dr. Warren Huang

            China Derivatives, Summit , Recession Risks Hedging  2009  Conference, Pudong, China, March, 2009      by   EUROMONEY
 China/US Economic Stimulus, Bail out  Impact on 2009 Housing, Credit, Financial Crisis, Economic Recession, Capital Markets Outlook,  Forecast 
Proactive Structural Trillion Dollar Housing, Credit, Financial Crisis, Recession Hedging, Multiclass Asset Allocation Strategy    
         by Dr. Warren Huang  website: www.osawh.com    Hyatt Regency, Pudong, Shanghai, Mar24- 25, 2009
                                           email 
wh3928@yahoo.com

    Dr. Warren Huang, Pioneer of proactive structural simulation of Global Housing, Credit, Financial Crisis, Recession , causes, onset, recovery, early warning and impact on Economy, housing, equities, currency, commodity, asset and derivative prices , predicted year, month ahead of crisis and recession capitalized on trillion dollar recession supply , investment profit while avoided trillion dollar loss in housing MBS, CMBS, CDO, CDS investment and hedging loss
He will be the keynote speaker on 2009 US recession, credit, financial crisis, capital markets outlook and China Economic, capital market outlook responding to Infrastructure Program to boost domestic demand in fighting the global recession and crisis and panelist on Challenges on China onshore, offshore derivatives markets
 

                                             Credit, Financial Crisis,  Recession,  Impact on China  Economy, Housing ,Capital Markets  Bubbles Risks Early Warning
    
         by    OSA asset pricing mechanism  pioneer Dr. Warren Huang    website: www.osawh.com    San Francisco  USA    email  wh3928@yahoo.com

    Dr. Warren Huang, Pioneer of proactive structural simulation of Global Housing, Credit, Financial Crisis, Recession, causes, onset, recovery, early warning and impact on Economy, housing, equities, currency, oil, energy, metals, commodity, asset and derivative prices and risk  valuation mechanism, predicted year, month ahead of  last 30 years crisis and recession ,capitalized on hedging trillion dollar recession ,value chain  , investment profit while avoided trillion dollar loss in housing MBS, CMBS, CDO, CDS , equities  market price bubble burst investment and hedging loss
He was the keynote speakers on 2009 China derivatives market summit forum Pudong, Mar 8,  and Deleveraged finance and merger-acquisition private fund summit in Hong Kong, Feb 25-26, warning on US  housing bubble burst , recession, credit, financial crisis, capital markets outlook and China Economic, capital market outlook responding to Infrastructure Program to boost domestic demand in fighting the global recession and crisis and panelist on Challenges on China onshore, offshore derivatives  and merger acquisition  , financing markets

Dr. Warren Huang  (黃華南博士) Pioneer, proactive structural dynamic global inflation, macro economy, daily financial markets interest rates, currency, stock, bond, derivatives, housing, commodities, oil asset pricing and risks valuation markets fundamentals price mechanism, accurately warned on Wall Street Journal Market beat Blog Sept.19, 2007 and Mar 5, 2008 master class  workshop China fund world 2008, Pudong, China  to Goldman Sach managing directors JPM, UBS and 150 China QDII/QFII fund managers that  US Fed aggressive rate cuts drag dollar to 1.53-1.65 EURO, 95- 108 Yen, economic stimulus boost consumer spending on gasoline and jet fuel summer, demand, driving gasoline , heating oil to 415, oil price to 121-145, commodity price double, will peak out as US dollar rebound follow Fed ending rate cuts cycle , can not stop sub-prime crisis spreading, regional  housing price slump 30-50 %  and credit crisis, crunch crisis continue through  2009 drag economy into 2009 repeating 1980  double dip  inflationary recession resulted 13  trillions housing and stock market loss and US, global stock indices  and oil, commodities , metals price bubble burst bear market  50-70  % , Dow Jones test 6000- 7000  NASDAQ PLUNGE testing  1100-1250-    IT, retail stocks facing  50-- 70 % correction,    with banking, finance, housing share price plunge 70- 90   %, dollar making  new low 85- 90 Yen, 1.45 EURO  commodity prices doubled,  and bubble burst plunge 50-70 % % in recession widening bond , CDS spread and failure in MBS/CDO, Bear Stearn 30 billion dollar MBS hedge fund and government steps rescue, Lehman bankruptcy,  Fannie Mae, Freddie Mac AIG, bail out,  despite Fed rate cuts . , oil price plunge from 147 to 40, copper plunged from 350 to 115,

China   357 billion USD economic stimulus  , China 2009 first half   personal income up 9.8 % CPI down 1.1% PPI down 5.9 %,  , GDP up 7.1 % fixed investment   up 33.5 %  industrial production up 7 %   export decline 23 %with excessive liquidity ( money supply growth  doubled from 15 % to 28 % in  June 2009 )with banking loan growth of 7 trillion in the first half 2009 already leading to stock market up 75 % ( up from 1660 to 3380) , despite 70 % of first half earning facing decline and loss and only 30 % earning increase, most prices already exceed 2007 at 6000 point peak level and PE  of 65 approaching  2007 peak, and housing price bubble, Beijing housing prices up 30 % in the first half 2009 , with Shanghai, Shenzhen, housing prices reaching all time high (over 2007 peak level, leading to credit tightening in second mortgage with first down payment raised to 40 %
lHousing bubbles in Yantze, Pearl River , Beijing Bohai delta, Shenzhen with housing price up 160-500 % auto demand  up 80 %  benefited by heavy foreign capital inflow and stock price bubble   and 500 % stock price gain in 2007,  despite credit tightening stock prices plunged 75 %,housing price only down 1.2 % 2009. Very close to Dr. Warren Huang prediction and housing bubble warning to  global investment banking, derivatives market fund managers on
Asian private equities, leverage finance acquisition on distressed assets summit  , Feb 16- 17, Hong, Kong  by Euromoney
China Forex, Energy, Metal Derivatives, Summit Credit, Financial Crisis, Recession Risks  Derivatives Hedging  2009  Conference, Pudong, China, March, 2009      by   EUROMONEY

  He also warned top global QFII management on Peking  Univ June 2007 International Financial Engineering Conference that US housing bubble continue through 2009 and China overheated housing, stock market wealth gain resulted inflation over 8.7 % will lead to China Peoples Bank credit tightening to remove excessive liquidity, Banking housing, stock markets follow US housing price slump, recession, bear market correction, and  He predicted again Feb.  2009 China 568 billion infrastructure Program maintain 2009 GDP at 8 % and stabilize stock markets, Shanghai traded 1500- 3000 through 2008- 09  early 2009  until economy softlanding ,.
China still facing overheated housing bubble due to excess liquidity by stimulus 7 trillion Yuan in banking loan increase in first half 2009.

            Strategic PGFCR  :       Proactive Global Housing, Credit,  Financial Crisis, Recession Operations Simulation) Forecast, complete coverage of  years, months, ahead of lat 30 years and current global 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  tracking forecast month, years ahead last 30 years causes, onset, recovery, early warning of global financial crisis, recession 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 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

Dr. Warren Huang accurately warned  on Wall Street Journal Market beat Blog Sept.19, 2007 that US housing price slump continue into summer 2009 drag economy into inflationary recession and US, Global stock markets, Oil commodity 50- 70 %  bear market recession ,   despite Fed and global rate cuts  

Maximize return at Minimum Risks by Proactive, Structural Strategic China/US/Indian  Housing, equities, commodities, bond Assets and Derivatives ,Credit, Financial Crisis, Recession
Strategic Investment, Risk Management  Management

Conducted by     :Dr. Warren Huang (黃華南博士), Pioneer of Proactive Structural Global Financial Crisis Impact on Multi-class Asset, Derivatives Pricing Mechanism Operations Simulations Analysis (OSA)

Masterclass goal   Provide QFII / QDII fund managers the what, why, how and timing of China/India fund, derivatives market fundamental assets price mechanism, allocation strategy, forecast years, months ahead of the emerging economic recession, credit, financial market trends, avoided trillions market loss, betting on the wrong side of investment.

Mission:               Implement Proactive, Structural Dynamic   China/India Equities, Bond, Currency Commodities Futures, Derivatives prices mechanism for online trading,   housing prices, and Optimal  beta   Long-Short Strategy for Indian Economy, capital market challenges, opportunities  

Day One: China / Asian (  China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )) Macroeconomic control, Country , Credit, Financial Crisis Risks, boom and bust cycle OSA, Forecasts
morning:
Monetary Policy Trilemma:  Macroeconomic GDP growth overheating, asset prices bubble , inflation control and   Asian currency appreciation OSA
 
 * Proactive Structural dynamic OSA and EGARCH Granger co-integrations of  China /USW/India central bank monetary , economic, fiscal policy ( 6 rate hikes, raise bank deposit ratio 17 times ) removing excessive liquidity due to stocks, housing  bubble wealth  gain and rate cuts, 568 billion economic stimulus ,money supply, interest rate, currency and housing industry price bubble overheating control  impact on housing, stock indices,   prices bubbles, fixed investment, inflation rate, un-employment rate.
 * Monetary policy, commodities, oil prices, RMB , fixed investment impact on inflation rate, GDP, interest rates
Afternoon:
Monetary Policy Trilemma:Currency appreciation China and Asian Sovereign Wealth Fund,(SWF) Asset Allocation, risks and DFI inflow, excessive liquidity
* Interest rate and trade balance impact on daily China RMB, Rupee and  Yen,  Asian Currency EURO, Pound exchange rates and currency carry trade DFI in  currency carry traded asset price speculation.20 industrial sectors demand, prices and stocks investment asset allocation performances, risks in SWF investment , Currency appreciation and DFI inflow, excessive liquidity
* Interest rate and trade balance impact on daily China RMB, Rupee and  Yen,
 ( China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore,   ) currency EURO, Pound exchange rates and currency carry trade DFI in asset price speculation.
* Interest rate, credit tightening, rate  cuts, bail out i, economic stimulus mpact on asset prices bubble, mortgage default and mortgage default impact on inflation, GDP, unemployment, recession

Day two: Causes of  India China, US Housing Industry  Price Bubble Growth , Control and Burst, mortgage loan, CRE, RMBS,  default OSA early warning
Morning:
 China, India, Hong Kong, Taiwan, Malaysia,  Vietnam )monetary , economic, fiscal policy impact on housing demand and prices
*China Peoples Bank
(   India central bank  Monetary, economic, fiscal Policy macroeconomic control ( raise rate   bank deposit ratio )
impact on removing excessive asset  market liquidity and cool off the overheated economy and inflation
* China
 ( China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )housing industry price control policy and impact on China, India  regional housing supply, demand and prices.
Afternoon:
India, China housing bubble burst, loan default , stock market crash, economic recession early warning
 China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam ) currency , monetary policy, stock markets indices, price bubble, fixed investment impact on
 Indian, major cities ,China coastal area ( Shenzhen, Shanghai, Beijing )
( China, India,  housing sales, and prices OSA forecast
^ Proactive structural 
China, India, Hong Kong, Taiwan,  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: Rate cuts, bailout resulted Excessive liquidity, housing prices Impact on Stock Price Bubble Growth and Burst, Market Crash Stock indices, Banking, Finance, Energy, IT ETF fund performances OSA
Morning:
China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )monetary policy impact on housing demand and prices, banking, finance, construction industry performance
*China Peoples Bank Monetary Policy macroeconomic control (  impact on removing excessive asset  market liquidity and banking, finance stock price performance
* China
 ( China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam ) housing industry price control policy and impact on China housing loan, construction industry demand and  prices.
Afternoon:
*
China ,Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )  currency appreciation, monetary policy, stock markets price bubble, fixed investment impact on  China coastal area (Shenzhen, Shanghai, Beijing ) , India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )housing, prices Shanghai, Shenzhen A and SHZH 300, Indain SENS, Hong Kong Hang seng index, ,   price OSA forecast
^ Proactive structural
 China, India, Hong Kong, Taiwan, Malaysia, Thailand, Singapore, Vietnam )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: Excessive liquidity,  Housing , equities prices bubble wealth demand impact on oil commodities upstream/downstream, IT hardware, software demand, profit, stock prices OSA
  Morning:
 US, China  India, Hong Kong, Taiwan, Malaysia, Thailand, monetary policy impact on construction material, energy, metal  IT hardware, software demand, stock  prices, OSA
*UIS, China Peoples Bank
 ( India, Hong Kong, Taiwan, Malaysia, Thailand, ) Monetary Policy macroeconomic , housing industry control impact on housing, construction
material , steel, gold, copper, aluminum metal IT hardware, software  demand , prices .
* US, China
 (  India, Hong Kong, Taiwan, )housing industry price control policy and impact on China oil, energy downstream  IT hardware, software demand, prices.
Afternoon:
* China
 ( India, Hong Kong, Taiwan, Malaysia,) monetary policy, fixed investment impact on housing demand and steel, metals  IT hardware, software companies profit ,stock price
^ China monetary policy, fixed investment impact on housing demand and  energy, downstream  IT hardware, software  companies profit , stock price OSA
Day five : Proactive macroeconomic systemic risks and credit, market risk integration, crisis early warning  OSA
morning:
 China, India, Hong Kong, Taiwan, Malaysiacountry macro-econometric inflation, currency systemic risk.
* China Peoples Banks
 ( China, India, Hong Kong, Taiwan, Malaysia,monetary policy, housing industry price control impact on GDP, inflation and price bubbles
* China monetary policy interest rate, trade impact on
)currency price mechanism, hot money speculation  .
Afternoon:
China
 (  India, Hong Kong, Taiwan, Malaysia,equities, housing price bubbles burst associated market risks, and loan default crisis
*
 ( China, India, Hong Kong, Taiwan, Malaysia, housing and equities price bubbles bursts and housing, equities, futures market price risks early warning
* China
 ( China, India, Hong Kong, Taiwan, 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, mutual fund, hedge fund , wealth management manager mortgage bond structural finance ABS, RMBS, CDO, securitization managers, insurance managers, oil, petrochemicals, downstream housing construction, commodities, metal, CEO, supply chain, investment managers, SWF fund managers, government regulation strategic (top management) , execution  teams 

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 trillions 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

      Strategic PGFCR (Proactive Global Financial Crisis, Recession Operations Simulation)
      Complete Coverage of last 30 years Global Housing, Credit, Financial Crisis, Recession

Comment by Warren Huang Wall Street journal Market Beat Blog- February 8, 2008 at 11:28 am
I warned last 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 summer, 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 , GS shares down 50 % 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  February 8, 2008 at 12:20 pm
This is the market for those who applying proactive structural dynamic tracking of global macro-economy and daily financial market prices: the what , why exactly the markets is going on, the market forces price mechanism and how to identify and take advantage of the emerging bear/bull market trend supported optimal asset allocation and long-short strategy.
As most global ETF fund losing money including emerging market BRIC. Index fund.
Only the Ultra short financial, housing and gold fund gain more than 20 % Trillion dollar recession hedge by me
As I warned last 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 summer, 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

Select your country, we will provide 5 -day  monetary policy impact on macroeconomic control, inflation, interest rates, currency, commodities, banking, finance, energy, housing,  IT industrial and stocks market corporate performances , regional housing prices bubbles, indexing, ETF  assets pricing, allocation strategy, credits, performance, mortgage default crisis analysis

Dr. Warren Huang Wall Street Journal  Real Time Economic Blog Dec. 27, 2007 Housing price bubble burst cycle                                                
This Shiller home price index does not reflect the housing bubbles burst cause ,onset, recovery and early warning
It is lagging indicator. It did not shown 300- 400 % price gain in coastal cities in last few years bubbles.and San Francisco housing prices still up 7.2 % due to high end housing price gain by all time high stock market resulted wealth.My research tracking last 30 years global housing price bubble burst cycle, indicating, it take 3 years completed the burst cycle, with housing prices plunged 30 %-50 % for high end. 20-30 % for middle range.takes two year to recover.so housing price plunged started last year, will continue through next year as I predicted on this blog 3 month ago detail can be found on www.osawh.com/mortdefa.htm and www.osawh.com/fund2008.htm Comment by Warren Huang - December 27, 2007 at 1:45 pm