ICBC takes advantage of continuing IPO euphoria but behind all that jubilation it is manifesting Asian bubble
John Mendolsa
Oct. 20, 2006

Industrial and Commercial Bank of China has taken advantage of continuing IPO euphoria. The price for its IPO has exceeded all expectations. The IPO euphoria continues and shows the effect of one of the biggest IPOs of the world.

According to some of the analysts the historic euphoria in Hong Kong manifests the Asia bubble that is about to burst. The bubble is so big it will take an outright depression to correct it over many decades. India and China both are vulnerable.

ICBC takes advantage of continuing IPO euphoria but behind all that jubilation it is manifesting Asian bubble
John Mendolsa
According to some of the analysts the historic euphoria in Hong Kong manifests the Asia bubble that is about to burst. The bubble is so big it will take an outright depression to correct it over many decades. India and China both are vulnerable.
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$4 generic drugs – can WalMart set the tone for the pharmaceutical industry?
Joe Weinman
The biggest question is - can WalMart change the business model in the pharmaceutical industry. They did it in everything they touched – they are experts in reducing the price and start a competitive price war among the manufacturers....
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Schlumberger stock may actually sell off on good news – profits will soar on new exploration but traders are waiting to sell
Paula Zubeda
The falling oil and gas prices make it more probable that oil and gas exploration will be hit with moderation in coming months. That is prompting traders to sell the stock on good news.
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Signs of deflation in the economy – Chrysler’s main initiative now is to cut $1,000 in costs for each vehicle produced
Fred Day
The economy is so weak internally with auto and residential real estate sector that it is forcing stagflation to transform into stagflation.
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Is Dow 12000 a multi-decade top? Signs of short covering shows the starting bear market after election can be devastating
Sam Adelton
When everything is analyzed together, DOW’s path pf least resistance is downwards and it will test the low of 7177 in 2007-2008.
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OPEC will reduce oil output but that cannot halt the slide in crude prices
Sam Adelton
The oil market is in trouble because of two reasons – excess output from non-OPEC producers and slack in demand from China, India and US.
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Secret behind Google’s doubled profit and 70% increased revenue
Peter Oberois
The stock is up 7.2% after hours. The profits doubled and the revenue increased by 70%. Analysts wander what’s the magic for ever booming Google...
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North Korean nuke test, US-China disagreements, South Korean and Japanese security risks may have started the great Asian depression
Sam Adelton
As China gets depressed due to trade sanctions, it will drag the commodity sector with it. Worst hit will be the Japanese and American companies that manufacture in China and sell in US, Asia and Europe.
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