Just as investors were beginning to feel somewhat positive -- the economy was at least bottoming, and possibly showing early signs of turning around -- swine flu has appeared and put the global economy under its own stress test.
The Obama administration declared a public health emergency Sunday because of the flu outbreak. So far officials have confirmed cases in New York, Texas, California and Kansas. Globally there have been cases of the same strain of the deadly flu, which is suspected in the deaths of 103 people in Mexico, as far as New Zealand.
One after another, sectors, markets and companies affected by the flu's consequences have exhibited symptoms -- good or bad.
BloggingStocks and DailyFinance have more:
- Don't fear the swine flu . . . trade it
- Airlines could suffer thanks to a potential swine flue epidemic
- Analyst warns Visa/Mastercard could be smacked by swine flu
- Swine flu: Outbreak takes its toll in the oil patch
- Fear of flu epidemic hurts stocks, helps some drug companies
- What would a swine flu pandemic do to the economy?
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Reader Comments (Page 1 of 1)
4-27-2009 @ 7:25PM
Unknown said...
Give me a break, 100 dead in a third world country not the usa, we are getting over ran by the damn media, This is a golified outbreak, just like sars , media ruined the stock amrket for weeks over that and they will do the same with this.
4-29-2009 @ 11:28PM
journalrhythm said...
These days there's more articles about it in the news
than people who have actually contracted swine flu
more people gonna die driving in their cars
but that don't make news like new flus or SARS
35,000 deaths occur every flu season
we weren't concerned last year, what's the reason?
i'm not saying that you shouldn't be worried
but worry on the news gets bigger in a hurry
to hear me rap my full opinion, watch:
http://www.youtube.com/watch?v=7uSXwbOMV3E