How to Get Rich From the Global Obesity Crisis
The worldwide rate of obesity more than doubled between 1980 and 2008 and over 500 million people are obese around the world today. Once confined only to wealthy countries, obesity rates are skyrocketing in developing powers like Brazil and China as well. The economic effect is substantial as well, with 21 percent of annual medical spending in the United States going to obesity related illness.
But what does it mean for your portfolio? A new Bank of America/Merrill Lynch Global Research report looks at how investors can take advantage of what they call the “globesity” trends. Opportunities include: