How Weight Loss Impacts the Economy

Recently, consumers have been using drugs approved to treat diabetes to lose weight. Depending on the person, the results can be significant. Further, it seems people using these drugs for weight loss often change their consumption patterns, at least to some degree. While this is obvious great news for a country struggling with obesity, what does it mean to companies and economic sectors which depend on Americans being fat? There is real money at stake.

In this week’s Trading Perspectives, Sam and John talk about the recent spike in the use of weight loss drugs and what it means for the US economy.