Swine Flu's Impact on Wall St.

" in the face of this swine flu scare it begs the question. Did Wall Street know all along that this wasn't going to be as bad as many -- just look at the Dow the S&P 500 and the NASDAQ all up since April 24. When we first heard about the outbreak -- will see if president will say asset management. He joins us now -- out you know here's the deal. Lesser leaders like slammed the door get up and nail gun and start ordering from fresh direct right stay inside that's -- been out of the -- that's when of his mind but now it's suddenly -- the action and the market when he thing."

" But I think -- become a soft through the hype that was going on here. And we've been through this before members ours and Avian flu nothing really happened I think this time Wall Street said. Whether that before we start doing something here let's wait and see if anything happens so part of this happen."

" But there was stock specific selling an earlier I've looked at the closes but yet stocks like. Continental Airlines and US Airways were still below where they -- our. Just a week ago so again it was eight there and there wasn't impact in certain names where you would have you can't quantify how business is going to take it from us."

" Well on the negative side there was nothing positive that I saw that they have -- actually I did use our -- for the opportunity. To step in and buy some cruise -- companies that were down. 1015%. What's now the cruise lines that we own is actually up above what was before so there was some negative effect. But nothing compared to a head via the bird flu how bad -- companies and food -- he's got so little bit of native we response -- nothing positive was a great China buys most negative companies and it went down 1015%."

" You know Brett what has really given the market the cold sweats worth and the swine flu fears of bank nationalization in March to stress test the economic spending plan that seemed to be veering out of control. But now the sort of that it seems to be off the table what do you what do you are you still worried about us one -- second wave coming. In August during autumn when he got the flu season starts to really kick and."

" I've heard that's a possibility though but one -- I'm very -- by the CDC and so forth as it did take this seriously do we got out of -- fix the problem. I don't believe in the fought again -- a doctor. That we in the fall would have another big problem with a a swine -- I think we caught in time. We've done all the precautions somewhat overboard I've heard by foreign schools across the nation haven't been close and so forth. But we took major precautions so I don't think we'll see this from the fall I think we've seen the worst part of it and will move forward. The fault probably some of the problem will come up -- King we had met -- that the government may be did something right and spent several years planning and that's one of the reasons that I I guess the market held up as well as of that. I think Iran and that in the government did did something right here they are very precautionary that they give they're supposed to do. House like the way Wall Street didn't react that negatively to it it was like a little bit. But the government was well they're very good job that Wall Street to very good job it was handled very. Very well for the whole thing here I I think will be through it. We could do it we named talk about this mournful anymore -- Smart stuff thank you sir Brian wells it was -- asset management in San Diego thank you grant."