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WALL STREET LAYS PLANS IN CASE BIRD FLU STRIKES
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www.usatoday.com [link to www.usatoday.com]
SNIP
Wall Street lays plans in case bird flu strikes
By Adam Shell, USA TODAY
NEW YORK — Bird flu has yet to come even close to the USA's borders, but Wall Street analysts are already crafting advice on how investors can inoculate their portfolios if a pandemic breaks out.
Not since the SARS scare in Asia in spring 2003 — when Hong Kong stocks plunged 10% in six weeks before rebounding after the virus stopped spreading — has a health-related crisis put investors on edge.
Wall Street, which makes its living betting on what the future may look like, has been busy concocting what-if scenarios, handicapping winning and losing stock sectors, and educating clients in the science of bird flu. Recent ink devoted to the H5N1 virus:
•Special report. Citigroup recently sent clients a comprehensive 46-page report on bird flu that includes a brief history of the virus, risk factors and stock picks. The report was compiled by stock strategists, economists, government policy experts, epidemiologists and currency analysts from Europe, Japan, Australia and the USA.
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