Navigation Links
Avian Flu Economics Expert Urges Vigilance In Monitoring Recent Outbreak

The recent reoccurrence of the avian flu in China, India and the Middle East should serve as a reminder that threats to the global economy can come from a variety of sources, cautions the leader of a task force that studied the avian flu threat and its potentially devastating impact on world financial markets.

Greensboro, North Carolina (PRWEB) February 18, 2009 -- The recent reoccurrence of the avian flu in China, India and the Middle East should serve as a reminder that threats to the global economy can come from a variety of sources, cautions the leader of a task force that studied the avian flu threat and its potentially devastating impact on world financial markets.

Though the four deaths and 10 cases of the avian flu - commonly known as "bird flu" - appear to be isolated, it is important to monitor the spread of such outbreaks and ensure their impact is factored into one's business and investment planning, says John Thomas, a Greensboro, N.C.-based economic adviser who analyzes wildcard events as part of their risk management planning.

"As yet, we see no reason for increased concern about a potential human pandemic impacting business activity or stock market holdings," says Thomas, vice president of Stearns Financial, a wealth management firm known for its scenario learning expertise. "But it is important to understand that a bird flu epidemic in the U.S. would substantially increase the risk of turning our currently severe recession into a prolonged depression, and businesses and investors need to have a well- thought-out game plan if this were to occur."

Thomas' firm formed an avian flu pandemic task force, which included business & community leaders, emergency first responders and avian flu experts. The group also utilized research from Homeland Security and the Center for Disease Control. Task force leaders determined that the potential loss to the U.S. gross domestic product of even a mild outbreak would be "significant and lasting" due to employee absenteeism and citizens avoiding public places, further eroding consumer spending activity.

The task force monitors patterns of the H5N1 bird flu virus, which typically spreads from birds to humans via direct contact but harbors the potential of mutating into a form that could more easily be transmissible between humans. The World Health Organization (WHO) currently maintains its Avian Flu warning level at "Level 3," which is a heightened state of alert.

"It appears the bird flu occurrences in China and Egypt remain isolated," Thomas says. "We encourage our clients to prepare for this the way they would for any potential disaster scenario, study preparedness resources from the Centers for Disease Control ( and stay tuned to WHO updates. We have also worked with businesses utilizing another excellent resource, the Homeland Security guide for Avian Flu. If the WHO raises the threat indicator from level "3" to level "4" that would be of great concern to us and the signal for businesses and individuals to begin implementing their pandemic preparedness plans. In the meantime, we are continuing to stay focused on executing our bear market investing playbook for our clients and suggest investors and business owners do the same as the center of the economic storm front crosses from Wall St. to Main St."

Stearns Financial has issued its own "Bird Flu Preparedness Guide for Businesses and Investors," which can be viewed by interested parties free of charge at

Stearns Financial Services Group is a fee-only wealth management firm and investment advisor. Stearns Financial offers comprehensive financial planning and investment management services to individuals, businesses and foundations. More about the company is available at

Editors, News Directors: John Thomas and Stearns Financial President Dennis Stearns are available for interviews on the subject of Avian Flu and its potential impact on U.S. and world markets. To arrange for an interview, please contact Linda Schumacher or Jordan Bressler via the included contact information with this release.


Read the full story at

Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Related medicine news :

1. New Avian Flu Vaccine Strategy Proposed
2. Booster vaccination may help with possible future avian influenza pandemic
3. Penn animal study identifies new DNA weapon against avian flu
4. iJET Unveils 2007 Year-in-Review Report on Avian Influenza and Pandemic Planning
5. Large avian flu outbreaks more likely to involve duck meat industry, experts find
6. Influenza: Insights into cell specificity of human vs. avian viruses
7. Medical Economics Selects Jim Hohman to the 150 Best Financial Advisors for Doctors in America List
8. Newly Reactivated Health Economics Research Institute to Launch New Initiatives for Improving Health Care Delivery
9. Andy Tate, North Star Resource Group Advisor, Named One of Medical Economics 150 Best Financial Advisors for Doctors
10. Sikka Software and Dental Economics Announce Alliance
11. Align Technology Launches Aligntech Institute to Help Invisalign Providers Enhance Treatment Success and Practice Economics
Post Your Comments:
Related Image:
Avian Flu Economics Expert Urges Vigilance In Monitoring Recent Outbreak
(Date:11/27/2015)... , ... November 27, 2015 , ... MPWH, the No.1 Herpes-only dating community in the ... Table 1-1 ). More than 3.7 billion people under the age of 50 ... (HSV-1), according to WHO's first global estimates of HSV-1 infection . , "The data ...
(Date:11/27/2015)... ... November 27, 2015 , ... A simply groundbreaking television ... an interesting show that delves into an array of issues that are presently affecting ... benefit from open dialogue, this show is changing the subjects consumers focus on, one ...
(Date:11/27/2015)... , ... November 27, 2015 , ... CBD College ... of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic Medical Sonography program. ... accredited colleges, as only one of twelve colleges and universities in the state of ...
(Date:11/27/2015)... California (PRWEB) , ... November 27, 2015 , ... Avid ... Joplin Ann Arbor Michigan boxing style concert posters. This is one of Joplin's most ... the Canterbury House at the University of Michigan in Ann Arbor. The According to ...
(Date:11/26/2015)... ... 26, 2015 , ... Inevitably when people think Thanksgiving, they also think Holiday ... the Black Friday and Cyber Monday massage chair sales to receive the ... and low to find the best massage chair deals, they can see all of ...
Breaking Medicine News(10 mins):
(Date:11/27/2015)... , Pays-Bas, November 27, 2015 ... au traitement photodynamique au Bremachlorin contre le cancer ... approche consistant à combiner l,immunothérapie au traitement photodynamique ... --> Une nouvelle approche consistant ... contre le cancer avancé.    ...
(Date:11/27/2015)... 2015 --> ... online. The potential to save costs, improve treatment quality ... from fully exploited as yet. Here, particular emphasis is ... via mobile tablet or directly at the patients, bedside. ... ) -->      (Photo: ...
(Date:11/27/2015)... Ein neuer Kombinationsansatz vereint ... --> Ein neuer Kombinationsansatz vereint Immuntherapie ... --> Ein neuer Kombinationsansatz vereint Immuntherapie ... Clinical Cancer Research vom 6. November ... vom 6. November 2015 berichtet. --> ...
Breaking Medicine Technology: