US facing inflationary slowdown in summer, stocks, bond, dollar all under 15 % correction
while housing constrution down 16 %, durable goods plunge 0.5%, corporate sales, profits under pressure in inflationary
slowdown in summer.
US Dow Jones peaking out at 10900, Nasdq peaking out at 2200 currently Consolidation
9750- 10500, Nasdaq 1750- 1980
,individual shares subject to 30-50% bear market correction drag global capDr.Huang accurately predicted by his two master hands controlling global capital market prices on Euro-events Global/ Asian China finance, capital market conferences Nov. 2003 in Singapore, Shanghai, Beijing, to 2000 QFII fund managers that 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, and RMB will stay unchanged through 2005
RMB one time free float only lead US run away inflation, China recession can not solve US trade deficit 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.
will push China inflation to 5 % and US inflation to 3.5 %, weak dollar drag by record US trade deficit of 60 billion and rate hikes, tightening in summer 2005
Dollar traded 102- 108 Yen
1.28- 1.38 Euro, RMB can appreciate under 7 % without any schedule to avoid hot money speculation
Global capital stock market facing consolidation, China Shanghai A entering bear market correction from 1800 to 1100 rebound to 1220, ital stock markets into correction
