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dip in futures

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Not applicable
http://money.cnn.com/data/premarket/ shows a sharp downturn in US futures
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14 REPLIES 14
janne
Frequent Contributor
on account of wine flu it says
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Not applicable
maybe sell in may and go away and the good recent run have something to do with it as well. Also flu could visibly be affecting flights to and from US
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divz
Super Contributor
wine flu? damn will have to stop drinking the stuff do you get beer flu?
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Vano
Regular Contributor
This is a surprising reaction by the forum. The swine flu outbreak could cause world wide financial davastation. This new flu causes an unusually high percentage of deaths, and is readily transmitted between humans. It is a new strain, a mixture of human, pig, and bird flu. No one has any natural immunity against it, neither has anyone been vaccinated against it. Fortunately, this is not the feared H5N1 virus, but it is a serious threat.
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Vano
Regular Contributor
That should have been devastation, of course. By the way, the new virus is similar to the 1918 virus which killed 50 million people. That was also a swine flu virus.
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Not applicable
hahahah. Yeah markets jumped so far, was on a knife edge any news has been interesting to watch the result on the Dow. Now the swine flu comes as an excuse for everyone to short, no more of that better then expected profit nonsense.
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saash
Super Contributor
How many people have died so far?
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SKALA
Super Contributor
Nature agrees that there are far too many humans around.
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SimonPB
Valued Contributor
as of yesterday, about 150 in mexico ..
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HateGauteng
Super Contributor
Yep, when the culling starts hopefully the dead ones shares go cheap.
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striker
Super Contributor
Before we all get carried away,the world is not what it was in the last century,and we are far better equipped to handle this sort of epidemic.The speed in identifying the problem,and the action taken proves the point.Could be an opportunity to get into some pharmaceutical stocks however.
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saash
Super Contributor
And how many people are there in Mexico? And Mexico constitutes what percentage of the global economy? How many people die of Malieria and AIDS every day?
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Vano
Regular Contributor
Everyone seems to miss the point. The flu pandemic has just started in Mexico during the last few days. It has alredy been spread to many countries. It cannot be contained any more. The World health organisation thinks it is a serious threat. The deaths have not started in the other countries yet, it takes a day or two to die of flu. True, Medical technology has improved, but so has public transport. During the last serious pandemic, public transport was slow / just abbout non existent between continents. Now the virus spreads all over the world in a matter of days. All depends on the virulence of the virus. If it is as potent as the 1918 virus, millions will die, in spite of all efforts to contain the disease.
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saash
Super Contributor
Is the rally a result of a cure that has been found?
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