Monday, April 27, 2009

Flu Panic Hits Stock Markets

This Flu thing is making me very nervous. Panic will set in quickly if this thing starts to get out of control. The last thing the world economy and financial markets need is a pandemic, what next locusts? I graduated college with a degree in microbiology, specializing in immunology (it's a long story) so I know something about viruses. This thing could just flame out in a few weeks or cases could skyrocket in exponential growth in very short amount of time.
Reminds me of the book and movie "Outbreak", go rent it for a lift.
Flu Defense Tip: Fever is a defense mechanism to fight off viruses, they can't replicate when temperature is over 101 degrees. Studies show that you should not take anti-fever medicine to bring down the fever, you will feel better for a few days but the virus will replicate and your lungs will fill with fluid in a last chance desperate action to flush out the virus. All of a sudden your temperature rises and you die virtually overnight from viral pnemonia.-Lou

Airlines slump, dollar rises on deadly flu outbreak
LONDON (MarketWatch) -- A deadly swine flu outbreak that originated in Mexico took its toll on airlines and cruise operators across the globe on Monday as traders feared a repeat of the SARS epidemic that ravaged Asia.

Mexico City's streets were empty Sunday as an estimated 1,614 people in Mexico contracted the swine flu, killing 103 people.

The Mexican government has closed schools in Mexico City and nearby states, and the U.S. declared a public health emergency
Twenty Americans have caught the disease as well as six Canadians, and suspected cases were found as far as Israel and New Zealand. So far, all the deaths have been limited to Mexico.

The concern is that the disease reportedly has been transmitted not simply from pig to human, but from human to human.

"Given that the virus strain is apparently transmissible from human to human, a feature that none of earlier bird flu outbreaks displayed, there is reason for concern," said analysts from the Swiss brokerage Sarasin.
The swine flu dented markets worldwide, with futures on the Dow Jones Industrial Average shedding 152 points and the FTSE 100 down 0.9% in London.

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