From my proactive structural simulation of monetary, fiscal, economic policy impact on last 30 years global macroeconomic cycles, interest rate, currency, commodities, stock indicex, housing and derivative asset prices bubbles burst, mortgage, credit, financial crisis.
Housing slump, mortgage, financial crisis will continue drag US into deep recession through early 2009drag major stock indices into recession lows
Dow Jones testing 6000-7000- NASDAQ testing 1150- 1250 S&P 500 testing 600-700 details on www.osawh.com/mortdefa.htm
www.osawh.com/fund2008.htm
www.osawh.com/SP500.htm
www.osawh.com/riskm.html
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Again they drag into 1980 style deep recession and bubble burst in 2009 due to slump
in consumer and busiess spending soaring jobless rate due to trillion thousing and stock market wealth loss
Big name high fliers GOOG ad AAPL will plunge more than 70- , IBM will plunge 50% despite share buy back.
NASDAQ index will down 70 %
to 1100- 1250 level in the recession through 2009.
details on
www.osawh.com/NASDAQ.htm
www.osawh.com/mortdefa.htm