US rate cuts will not stop mortgage crisis drag into recession, but drag dollar push oil price to 110-125 US and global market into bear correction Dow Jones facing 20% correction ( crashed from 14300 to 11100)drag global market crash into bear market correction
HE lectured Nov. 2005 in Beijin to 30 global oil, QFII CEO, executives that oil price will be soared to 80 in summer,He spoke to Shangahi Finance and Economics University that RMB will be appreciated in 5 % narrow band and Shanghai A shares bull market rally from 1450 to 6000 early 2006 by his two master hands controlling China macro economic control, stock market prices 1994- 98, offered thousand markets opening/closing, emerging bull/bear market trends lectures to China Shanghai, Beijing, Shenzhen 15 cities TV, radio 30 million investors, fund managers, and workshops to hundred securities, banks companies CEO, CFO, traders, VIP and on China, Shanghai, henzhen, Wuhan securities, financial times:
He predicted on Euro-events Global/ Asian China finance, capital market conferences Nov. 2003 in Singapore, Shanghai, Beijing, to 2000 QFII fund managers that oil, petrochemicals, metal lead China A rebound from 1300, up 80 % in weeks due to soaring China and US housing, auto demand resulted soaring oil, commodity prices, inflation to 5.2 % in May 2004, forced China Peoples Bank credit tightening, rate hike, China stocks entering bear market, Shanghai A plunge from 1900 to 1150, and RMB will be traded in 3 % range 2006
He predicted again in Beijing to 70 global oi, money managers that oil prices will soar to 80 in summer 2006 driving China facing tightening in auto, housing market, rate hike in summer,( as China Peoples Bank raised lending rate 0.27 to 5.85 ^% Apr. 28. and raised bank deposit ratio 3 times to 8 % and further tightening to cooloff the wealth effect in stock market as Shanghai A index doubled fro 1000 to 2100, tradeing volume quadrupled
He predicted to Shanghai Finance, Economic University,