April 27, 2009
Brian Battle comments on the day’s financial markets. “Airline and hotel stocks are getting hit today and that’s appropriate if the swine flu has a big impact on travel," he said. “But I think we’re more concerned that it’s the middle of the earnings reporting period and major companies are due out this week." In addition, there are jitters ahead of the release of the stress tests next Monday. “We need to know who cleared and who didn’t, and for those who didn’t, what’s the federal government going to do about it?"