lehman-brothers-warns-of-bird-flu-economic-threat

Lehman Brothers warns of bird flu economic threat

Perhaps you thought the economy was ticking along just fine? It may be - but there are still big risks - including bird flu.
Just when you thought the economy was ticking along smoothly, the Hitchcockian fear of birds flock back into the picture.

Lehman Brothers' latest weekly outlook for Asia warns that avian flu, which hasnÆt been front-page news for some time, should still concern us all.

It may have a low probability, but it poses the highest potential cost to the global economy, writes the firm's economists, Rob Subbaraman and Wenzhong Fan.

They point out, of course, that there are numerous downside risks to the global economy, including high oil prices, large trade imbalances, tightening liquidity conditions, possible hard economic landings in the US and China, and an avian flu pandemic.

However, they argue that avian flu...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222