Source: Man on the moon: are we ready for the age of lunar tourism? | Dazed
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NASA releases draft strategy for long-term robotic Mars exploration
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Source: Man on the moon: are we ready for the age of lunar tourism? | Dazed
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NASA releases draft strategy for long-term robotic Mars exploration
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Measuring health is important for many reasons. It can help doctors and scientists understand the risk of medical problems and develop prevention strategies that can improve patient care. Monitoring health status can also help economists understand financial outcomes and help policymakers identify the likelihood of people needing caregiver assistance or retiring early, life events that can have implications for programs such as Social Security, Medicare, and Medicaid.
Further, measuring health is essential for assessing the return on U.S. health care spending which is large—close to one fifth of U.S. gross domestic product—and growing. In the United States, people usually take surveys that allow assessment of physical well-being. Self-assessments of health can help forecast life expectancy and functional ability, and whether a person may require medical care at some point in the future. However, in some cases, a better measure of health than self-assessments might be necessary.
Enter the frailty index
In June 2019, the Atlanta Fed published a working paper cowritten by Karen Kopecky, a Federal Reserve Bank of Atlanta research economist and associate adviser. Kopecky and her coauthors discussed the frailty index, an alternative method of evaluating health. This measure, pioneered by researchers at Dalhousie University in Halifax, Nova Scotia, focuses on the total number of health ailments a person has and the nature of those problems.
Kopecky worked with researchers Roozbeh Hosseini, a visiting scholar at the Atlanta Fed who is also an assistant professor at the University of Georgia, and Kai Zhao, associate economics professor at the University of Connecticut, to create frailty indexes using three surveys of Americans that include a host of questions on various aspects of health conditions.
A key finding of the researchers’ work was that the proportion of individuals in the U.S. population in good health decreases faster as people age when well-being is measured with the frailty index rather than with individual self-assessments. “For this reason the frailty index is an especially good measure for studying how health evolves with age,” Kopecky said.
The architecture of the frailty index helps explain why it can be a better predictor of health during aging. The index combines information from a range of questions about an individual’s specific health ailments to provide a summary of the person’s overall well-being. Kopecky and her colleagues used 27 health variables to construct a frailty index for a sample of more than 18,500 Americans who responded to the Panel Study of Income Dynamics (PSID) from 2003 to 2015.
The survey includes questions on specific medical conditions and activities of daily living. The variables the researchers looked at include difficulty with activities such as eating, dressing, walking, managing money, and getting in and out of bed, as well as the presence of conditions including cancer, diabetes, heart attack, stroke, and loss of memory.
The researchers derived the index by adding the total number of variables reported as ailments by an individual, then dividing that sum by the total amount of variables observed for that person overall in the year. The index captured expected variation in health: frailty was higher in older age groups compared with younger ones. Further, the sample showed that increases in frailty over time were three times more common than decreases.
Kopecky and her coauthors also compared the state of health over time using the frailty index with self-reported health status by making calculations based on the percentage of respondents in the PSID survey who self-reported their health as “excellent,” “very good,” “good,” “fair,” or “poor.” Their analysis found that when health is measured by frailty, the proportion of individuals with excellent or very good health declines faster with age.
They set cutoff values for frailty based on the distribution of self-reported health of 25- to 29-year-olds. When the cutoff values and frailty were used to determine individuals’ health categories as opposed to self-reported health, the researchers observed that health deteriorated much more rapidly with age.
In other words, the analysis showed that the fraction of people with poor self-reported health status rose with age, but when they measured health by frailty, they observed a much faster rise than with the self-reports (see the charts). For example, only 17 percent of people aged 70 to 74 had a frailty index low enough to fall into the “excellent” or “very good” health category. That compares with 39 percent of 70- to 74-year-olds who self-reported their health as “excellent” or “very good.”
“We interpret these patterns as evidence that self-reported health status underestimates the decline in observable health,” the paper says. The researchers also found that the frailty index was a better predictor than self-reported health of mortality and the probability that a person would enter a nursing home or become dependent on Social Security Disability Insurance.
Individuals’ self-assessments not always reliable
One reason frailty may be a better gauge of health than self-assessments has to do with the subjective nature of individuals’ judgments of their well-being, Kopecky said. “People tend to compare themselves to others their age” in self-reporting their health condition rather than considering how their present medical status compares with their past state, she said.
“People seem to be readjusting their self-reported health. So if you really want to map out how health evolves as people age, subjective measures don’t work well.” That isn’t to say that self-reported health information doesn’t have value. It can play a role in helping researchers understand the variation of health within an age group, Kopecky said. She added that self-reported data can also help uncover private medical information that a frailty index would not easily discern, such as hereditary conditions that may put individuals at risk for certain diseases.
Frailty measures gaining traction
Frailty measures as a tool to gauge health are growing in use. Dalhousie University notes that they have been used in studies such as the American National Health and Nutrition Examination Survey, the Beijing Longitudinal Study of Aging, and the Survey of Health, Ageing and Retirement in Europe.
Kopecky said the frailty index model holds much potential in economics. It can provide insight into such matters as the effect of health on a person’s earnings over time, a country’s labor supply, and individual consumption patterns. “It’s a step in the right direction in terms of improving our way of measuring health and as a result being able to understand how health interacts with economic variables and models,” she said.
By: Karen Jacobs , Staff writer for Economy Matters
Source: The Economics of Aging and the Frailty Index – Federal Reserve Bank of Atlanta
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If you have been looking for Mutual Fund Equity Report funds, a place to start could be Fidelity Telecom/Utilities Fund (FIUIX). FIUIX carries a Zacks Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors like size, cost, and past performance.
History of Fund/Manager
Fidelity is based in Boston, MA, and is the manager of FIUIX. Since Fidelity Telecom/Utilities Fund made its debut in November of 1987, FIUIX has garnered more than $908.12 million in assets. The fund is currently managed by Douglas Simmons who has been in charge of the fund since September of 2005.
Investors naturally seek funds with strong performance. This fund in particular has delivered a 5-year annualized total return of 7.7%, and it sits in the bottom third among its category peers. If you’re interested in shorter time frames, do not dismiss looking at the fund’s 3-year annualized total return of 5.02%, which places it in the middle third during this time-frame.
When looking at a fund’s performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Compared to the category average of 18.64%, the standard deviation of FIUIX over the past three years is 17.11%. Looking at the past 5 years, the fund’s standard deviation is 14.78% compared to the category average of 15.64%. This makes the fund less volatile than its peers over the past half-decade.
Risk Factors
The fund has a 5-year beta of 0.6, so investors should note that it is hypothetically less volatile than the market at large. Because alpha represents a portfolio’s performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. FIUIX’s 5-year performance has produced a positive alpha of 1.34, which means managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns.
Expenses
As competition heats up in the mutual fund market, costs become increasingly important. Compared to its otherwise identical counterpart, a low-cost product will be an outperformer, all other things being equal. Thus, taking a closer look at cost-related metrics is vital for investors. In terms of fees, FIUIX is a no load fund. It has an expense ratio of 0.69% compared to the category average of 1.17%. From a cost perspective, FIUIX is actually cheaper than its peers.
This fund requires a minimum initial investment of $0, while there is no minimum for each subsequent investment.
Bottom Line
Overall, Fidelity Telecom/Utilities Fund ( FIUIX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively weak performance, average downside risk, and lower fees, Fidelity Telecom/Utilities Fund ( FIUIX ) looks like a great potential choice for investors right now.
This could just be the start of your research on FIUIXin the Mutual Fund Equity Report category. Consider going to www.zacks.com/funds/mutual-funds for additional information about this fund, and all the others that we rank as well for additional information. Want to learn even more? We have a full suite of tools on stocks that you can use to find the best choices for your portfolio too, no matter what kind of investor you are.
Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit)
The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries.
Our urgent special report reveals 4 hydrogen stocks primed for big gains – plus our other top clean energy stocks.
Source: Is Fidelity Telecom/Utilities Fund (FIUIX) a Strong Mutual Fund Pick Right Now? | Nasdaq
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As a business owner or leader, you know that success comes from having a solid team. But what if you could take your team to the next level? What if you could go beyond a “Team with a leader” and create a “Team of leaders” that helps your business grow and pushes it to new heights?
That’s the power of a team of leaders. In this article, we’ll explore what a team of leaders is and why it’s crucial for your business to jump the curve.
What is a team of leaders, and why is it crucial for business success?
A team of leaders is a group of ordinary people who learn to lead their own contribution and lead those who report to them — this includes those who have no one reporting to them. They lead their contribution to the organization, and they often lead customers or vendors too.
This means using a power best practice of developing leaders throughout the organization — not just at the top. When a team of leaders is established, it can lead to significant increases in productivity, innovation and employee engagement.
A team of leaders helps to distribute inventiveness, workload and responsibilities, allowing the business to operate more efficiently and effectively. This mechanism of unleashing a new culture of innovation and ownership causes team members to feel fully alive in their jobs. This translates to considerable gains in productivity and profitability.
Related: How Successful Leaders Communicate With Their Teams
The benefits of creating a high-performance team of leaders
First, creating a high-performance team of leaders fosters a culture of collaboration and innovation, which can lead to new ideas and solutions. When each team member starts to think: “What would a great leader do in this situation?” leadership growth becomes part of the culture.
When team members are taught how to take risks, reimagine processes, innovate and think for themselves, they are upgraded from workers to leaders. This concept creates a sense of ownership and accountability, which translates to increased engagement and motivation.
Second, a team of leaders can help businesses stay ahead of the curve. By constantly seeking out new information and trends, they can anticipate changes in the market and adapt quickly. This can help the business to remain competitive and grow.
Finally, a high-performance team of leaders can help to develop the next generation of leaders. By investing in leadership development, businesses can create a pipeline of talent ready to take on new challenges and opportunities.
Jumping the curve is a concept that refers to businesses that can leapfrog their competitors by creating new products or services that are significantly better than what is currently available. A team of leaders is the best way to achieve it. When team members are trained to think as leaders, they can create new products or services that are disruptive and game-changing.
Related: 5 Essential Things Employees Can Teach Leaders About Growth, Success and Happiness
The characteristics of a power team and how to build one
There are three keys to building a team of leaders. These three keys have to become part of the organization’s culture, which means it takes time. It is typical for these three keys to take 12-18 months to become institutionalized into the organization’s fabric.
Related: Master These 5 Leadership Skills to Increase Your Results Tenfold
Trust takes time. Many leaders have broken the trust of their teams. In these cases, humility is the power option. Recently, I was in a meeting with a company’s leadership team, and the CEO said, “I want to take a moment to address a serious issue that has held us back as an organization. I have broken your professional trust. I apologize for that. We are all learning. We are creating a new 2.0 version of the company – as a team of leaders. I am still learning how to lead a team of leaders. This is new to me too.” This immediately impacted the team, and productivity and morale improved.
To take the first step towards building a team of leaders, businesses should focus on weekly leadership development for the whole company and create a new 2.0 culture – the new normal.
By : Dionne Van Zyl, Entrepreneur Leadership Network Contributor, C.E.O
Source: 3 Ways to Unlock Your Team’s True Potential by Creating a Team of Leaders | Entrepreneur
Anxiety can keep you awake at night (Picture: getty)
We’re a nation prone to sleep deprivation and if you have autism, it may be contributing towards your problems. A new survey conducted in partnership with the National Autistic Society found that autistic people have six hours or less of sleep a night on average, with anxiety a major contributor.
The research, conducted to coincide with Autism Acceptance Week, found four in five people with autism said they have difficulty falling asleep in the first place, while two out of three people said they experience restless sleep and waking up throughout the night.
Nearly half also said they struggle with waking up too soon in the morning. But why do autistic people struggle so much with sleep?
The research discovered that 70% of those surveyed feel that anxiety is the main cause of their sleep difficulties, with 52% saying school or work worries can cause a huge amount of anxiety.
Nearly half of respondents said they had sensory issues, which can make surroundings and environment feel over- or under-stimulating. Around a quarter (25%) of those surveyed said TV and internet use affected their sleep.
Also, if a bedtime routine is disrupted, it can make it a lot harder for someone with autism to get a truly restful sleep.
Sleep experts at Happy Beds gave some top tips to combat the sleep issues that autistic people face. Even if you haven’t been diagnosed with autism, they could still be useful.
Use blackout blinds
If your room is as dark as possible when it comes to your bedtime there is a bigger likelihood that sensory issues will be reduced.
Plus nearly 60% of people surveyed said that a dark room is essential for an ideal sleep environment with 41% of them noting the importance for blackout blinds.
Play background music
Playing music can really help those with autism as it allows a focus on something that can help create calmer thoughts if anxiety is a reason for not sleeping.
Music is a great distraction from anxious thoughts that can become present in the night time, such as school or work worries.
Use a weighted blanket
Many respondents said weighted blankets really helped to get a good night’s sleep, and this can be a great way to feel safe and secure in your bedroom.
Weighted blankets can give a person a sense of comfort and security, which in turn can help to reduce anxious thoughts. They are also really comfortable, but make sure that you choose a material which doesn’t create any sensory issues.
Create a bedtime schedule
If you find yourself feeling like a lack of routine is something you’re struggling with and that causes sleep disruption, then you perhaps need to become more regimented.
Writing yourself a calming bedtime schedule and sticking to it can really help your body wind down and switch off. Getting into this regular routine will make your sleep a lot more fulfilling.
Source: How autism can affect your sleep and how to combat it | Metro News
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