It’s been nearly five years since the stock market bottomed out during the great financial crisis. Now stocks are riding high, but where does that leave average Americans? Marketplace contributor and Fortune magazine senior editor-at-large Allan Sloan has been digging into the numbers and shares his latest calculations.
Plus, obesity among the youngest Americans has dropped, according to a new report from the CDC out this morning. Over the last decade obesity among 2 – to 5-year olds has fallen from 14 percent to about 8 percent. If you worry about healthcare costs, this report is welcome news: obesity is expensive, with spending on the disease and related illness at more than $200 billion dollars a year. “It is the diseases that cost the most in healthcare for us,” says Dr. Jeffrey Koplan is the vice president of the Emory Global Health Institute. “We’re talking about diabetes, hypertension, heart disease, stroke. It’s a list that goes on and on and on,” he says.
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