What is the difference between risk and uncertainty. Under conditions of risk, we know what might happen and we know roughly how likely each outcome is. Under conditions of uncertainty, we don't know the possible outcomes and we can't assign probabilities to them.It's not exactly ideal. So, are insurers longing for risk. Impactful changes, both large and small, are transforming the way our global systems operate.For example, weight loss drugs. The new market for GLP1 or obesity drugs is forecasted to reach ...

Endorsement & Spokespersonship - Serena Williams is a paid spokesperson for Row, a telehealth company selling weight loss drugs [2] - Williams is using GLP1 medication for weight loss and advocating for open discussion about it [2][3] - Williams' husband, Alexis O'hane, is an investor and on the board of Row [2] Weight Management & Health - Williams tried various methods like running, walking, and biking to combat weight gain before resorting to GLP1 medication [1] - Weight has been a long-standing issue for Williams, as highlighted in a 2018 documentary [2] Pharmaceutical & Telehealth Industry - Row is a telehealth company that sells weight loss drugs directly to consumers [2] - GLP1 medications are gaining popularity, with many people using them but not openly discussing it [1][3]

Market Performance & Indices - NASDAQ 100 and the composite indices reached record highs [2] - S&P 500 missed a new record by 18 or 28 cents [2] - The Dow increased by 1 and a third percent for the week [2] - NASDAQ was up almost 4% [3] Sector & Stock Movements - Tech sector led gains, up almost 1%, followed by financials and healthcare [3] - Utilities and real estate sectors posted losses for the day due to interest rate sensitivity [3] - Apple increased by 4 and a quarter percent, Alphabet up 2 and a half percent, and Tesla up over 2% [4] - UnitedHealth was up 2 and a half percent, while McDonald's slid about three-quarters of a percent, and IBM was down about 1 and a half percent [5] - Uber decreased by 3%, while FedEx and United Airlines both increased by about 1 and a half percent [6] - Micron increased by about 6%, while Microchip decreased by 6 and a half percent, and Super Micro decreased by about 4% [6] Economic Factors & Tariffs - Tariffs are expected to slow things down, with about two-thirds of the Liberation Day tariffs going into effect [10] - Inflation remaining stubbornly above 3% on CPI, coupled with a weakening consumer and labor market, could lead to a 10% to 20% correction [15] - Effective tariff rates are expected to increase by another 8% based on announced deals [23] Pharmaceutical Sector - Eli Lilly's stock decreased after the Orphaglyron attain one study showed 11-12% weight loss at 72 weeks, lower than the expected 14% [50] - Eli Lilly raised its full-year guidance, driven by Mangaro and Zetbound performance in the US and XUS [52] - Gilead is innovating in the convenience space with a twice-yearly injection for HIV prevention [60]