The “Trillion-Dollar Taboo”: The Mental Health Crisis at Work

MONTHLY BAROMETER – WELLNESS EDITION Nobody quite knows why the 21st-century workplace seems to be so conducive to overwork, burnout and depression, but the global issue of mental health at work is reaching such proportions that it’s now dubbed the “trillion-dollar taboo.” Is it the high-pressure culture of today’s marketplace? The prevailing social norms that make it shameful to show vulnerability? The “always-on” digital culture?…

More Rich People Calling for Wealth Taxes

MONTHLY BAROMETER – WELLNESS EDITION In this lower growth, uncertain and ever-more unequal world, an issue is gaining prominence: that of a wealth tax. For instance, a group of American billionaires has just been calling publicly for a “wealth tax,” and our own little survey at the Wellness Barometer (very limited and hence with no real scientific validity) shows that ultra-high-net-worth families are surprisingly receptive…

Chinese Tourism to US is Plunging – Will Impact Wellness

MONTHLY BAROMETER – WELLNESS EDITION Remember “Chimerica”—the notion that China and the US were so intertwined that they would end up forming just one entity? The assumption that the world they created was our inevitable future became so entrenched in the minds of most decision-makers that it became one of the central tenets of the investment world… until it ceased to be. Irrespective of how…

Trend: Is At-Home Fitness Squeezing Gyms & Studios?

Talking about adaptability and ever-changing business conditions, there is one trend to watch: the way in which the “at-home” fitness revolution is about to squeeze traditional gyms and even upmarket studios. One warning signal: Last year, SoulCycle (upmarket: It charges more than $20 per hour) withdrew its application to launch an IPO, citing market conditions. It hasn’t reinstated it yet, despite many wellness businesses successfully…

The “Do No Harm” Principle Will Become a Travel Destination

The recent landmark UN report on biodiversity comes to the sobering conclusion that the decline of the world’s biodiversity is such that “it is eroding the foundations of our economies, livelihoods, food security, health and quality of life worldwide.” Demographics are a major culprit: We were 1.5 billion people a century ago, 6.1 billion in 2000, and 7.2 billion today, but what the report also…

Cruise Industry’s Surprisingly Big, Negative Environmental Impact

We predict that concerns about the cost to the environment of air travel will come to the boil in 2020. The backlash is growing, and the wellness industry must prepare for it. The “do no harm” (to your community, to the environment) principle will become an obligation, and travel companies will be held accountable. But the air industry is far from the only culprit. A…