Swine flu ate my homework
A few dozen people have died in Mexico from swine flu. (Was The Sun the only paper that didn't have a story on Page 1 today?) Swine flu probably won't become a global pandemic, but so far it has been blamed for:
-- An increase in the dollar.
-- A decline in the stock market. (Oops. That was before stocks decided to go up, ruining yet another thesis by the wire services on market cause and effect.)
-- A widening of credit-default swap spreads.
-- A frenzy of Googling.
-- An outbreak of marijuana-pill marketing.
-- A potential backlash against pork and bacon.
-- Lots of "No Problem in Peoria" stories.
Comments
Didn't something like 40 million people die from a version of this flu back in the earlier 1900's?
I read this morning that some think the strain shows a weaponized aspect to the virus. I don't know how true it is but you can read it here: http://onlinejournal.com/artman/publish/article_4631.shtml
I thought it interesting this morning, like you, how the markets around the world have been reacting to the news by selling off. Though the financial markets don’t seem to be to concerned by it now. DOW opened down but is up now by 33 points and gold and silver are holding steady judging by the widget ( http://www.learcapital.com/exactprice ).
Of course if this flu does start popping up all over the place this week though, you can expect the markets to get real scared. So people, wash your hands and carry around some of that antiseptic hand wash stuff.
Posted by: Hal | April 27, 2009 12:17 PM
As with everyting in life it is best to be prepared. Here is a link to the CDC for information on the Swine Flu. http://pfx.me/NR
Posted by: Mira's Desk | April 27, 2009 12:29 PM