Re:How long til we're all on Ozempic?
by petesergeant on Friday October 11, 2024 @02:38PM
(#41812110)
We're about to see a dramatic fall in the production and consumption of unhealthy food because people who used to want them in large quantities will no longer want them when they're on GLP-1 drugs.
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Re:How long til we're all on Ozempic?
by ninalanyon on Friday October 11, 2024 @03:14PM
(#41812559)
If this is the case and we believe that markets are efficient we should surely soon be seeing a decline in the stock price of McDonald's, etc.
If you are right then there should be money to be made by shorting the stock.
>In October 2023, Walmart became one of the first retailers to correlate Ozempic, food sales, and changing habits. Using internal pharmacy and grocery data, the study found that Ozempic is negatively affecting Walmart’s food sales. Measuring per-unit sales and calories, the retail giant confirmed a long-held belief that patients on GLP-1 drugs buy less food, particularly within the sweets and snack food categories.