Chickin Little society
I think I read somewhere that per the CDC, all estimated flu deaths were about 36,000 annually. So far we have a miniscule handfull by comparison. It may turn out bad, but I gotta believe the media are blowing this thing out of porportion for now.
Interesting. The DJIA hit a new recent high, following the Dow Transport index, but there was enough of a delay that it needed confirmation again by the Dow Transport.
It didn’t get it, and I think this is the reason. Travel and “hospitality” businesses are going to get at least a small hit from the flu scare. At least a few people are going to cancel trips, certainly to Mexico, and perhaps elsewhere as well.
So, FWIW, Richard Russell says no Dow buy signal confirmation yet. The market bounce may not go much higher before the decline resumes.
No problem....We’ll bail them out...
so is there more room on airline or are they still overbooking
Only 4%? Am guessing that Obama is disappointed. . .