He also predicted on Euro-events Global/ Asian China finance, capital market conferences Nov. 2003 in Singapore, Shanghai, Beijing, to 2000 QFII fund managers that soaring US, China housing, auto demand resulted soaring oil, commodity prices, inflation to 5.2 % in May 2004 , forced China Peoples Bank and US Fed credit tightening, rate hike, through 2006 and RMB will stay unchanged through 2005 RMB ,3 % yearly ppreciation, one time free float only lead US run away inflation, China recession can not solve US trade deficit will be soared to 70 billion due to China /US labor cost/ prices diffenential and led to more hot money speculation as it did in European, Asian, Japan
currency crisis in Dr. Huang
tracking simulation of the root causes, onset, spread, recovery of European, Asian, Japan currency crisis, presented to 24 US, China, Asian, European central banks governors conferences.
He predicted again to 70 global oil, money managers, Feb , 2005 that Soaring US, China housing, auto demand drive oil price to 80 summer, 2006 , metals prices to new high will push China and US May inflation to 5.3 %, dollar will be drag by record US trade deficit of 65- 70 billion and more rate hikes, tightening in summer 2005 and 2006, US 10 YR bond yield drop to 3.9% facing correction to 5.5 % and global inflationary slowdown drag global stocks and bond prices,into bear market correction summer 2006
Dollar traded 105-114 Yen 1.35 1.55 Euro, RMB can appreciate under 3 % to 6.9-7.12 Dow Jones 9950- 11950, Nasdaq
1950 2350 drag global stocks
bond, for 10-20 % bear market correction into summer 2006 and 2007