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The Centers for Disease Control and Prevention expressed concern on Monday as it released figures that show a significant portion of young Americans are at a high risk of developing type 2 diabetes. According to CDC findings, 1 in 4 young adults aged 19-34 and 1 in 5 adolescents aged 12-18 suffer from prediabetes. Those with prediabetes have elevated blood sugar levels, but have not reached the threshold to be considered diabetic. The report from the CDC stated that overweight young people were significantly more likely to have prediabetes. The report found that 25.7% of overweight adolescents had elevated blood sugar levels, compared to 16.4 of adolescents of normal weight. Those figures were even pronounced among young adults. 36.6% of overweight young adults were prediabetic compared to 16.6% of young adults with a normal weight. “The prevalence of prediabetes in adolescents and young adults reinforces the critical need for effective public health strategies that promote healthy eating habits, physical activity, and stress management,” said CDC Director Robert R. Redfield, M.D. “These lifestyle behaviors can begin early in a child’s life and should continue through adolescence and adulthood to reduce onset of type 2 diabetes.”The CDC expressed concerns that young Americans with prediabetes face significantly higher cholesterol levels, systolic blood pressure, abdominal fat and lower insulin sensitivity than those with normal glucose tolerance, which increased their risk of type 2 diabetes and other cardiovascular diseases. All told, 1 in 3 American adults are prediabetic. Another 1 in 4 adult American are diabetic anddo not know it.The CDC says that type 2 diabetes can be prevented or delayed with healthy lifestyle changes, such as losing weight, eating healthy food, and being active.In the last 20 years, the number of adults in the US with diabetes have doubled, according to CDC figures. Justin Boggs is a writer for the E.W. Scripps National Desk. 1998
The coronavirus pandemic has sent the U.S. financial markets on a downward spiral. Last week, in just one day, the Dow Jones Industrial saw a 13 percent drop; it’s single biggest drop ever. “A lot of people are scared,” said Kelly Lannan with Fidelity Investments. “They don’t quite know what they are seeing, especially the average investor who is not following day to day.”Lannan explained most people looking at their 401k accounts are worried but advises people to put their market fears and emotions aside. “Market volatility can really be nerve-racking,” Lannan explained. “We get it from Fidelity investments perspective, and more importantly, we are here to help.”Fidelity is advising the best move right now may be no move at all. Referencing social media posts with the phase “don’t touch your face, don’t touch your 401k,” she explains most investors shouldn’t panic and divest their stocks during the economic downturn during the COVID-19 pandemic.“The most important thing to say, and I know this is really hard to hear, is not to panic,” Lannan explained. “This is a part of life, and the important thing to note, as we saw in 2008, is these downturns are usually followed by a recovery.”Not divesting doesn’t mean ignoring your investments and portfolio. In fact, Lannan believes those concerned about their portfolios and 401k’s should use this time to get more familiar with their investment plan and goals. She recommends a few steps in that review process: · Step One: Understand where you have your money by taking a look at your asset allocation and assess if it aligns with your age and your time horizon. If it does not, start making a plan to restructure your investments when the market starts to recover. · Step Two: Assess whether you have a diversified investment strategy. Diversification helps to soften the impact during market downturns. For those who have an employer sponsored retirement plan, you can reach out to your plan sponsor and ask question or get guidance on this. · Step Three: Take a look at your emergency fund. Fidelity recommends having three to six months of your essential expenses in savings. If you don’t have that and are concerned with possible unemployment due to the economic downturn, start to assess which investments you could move money from. Making a move, in terms of selling off your stocks, may not be the best decision now. However, better understanding your investment portfolio may help you make a better investment decision when the markets recover or even calm your concerns as they struggle during this downturn. “We know from behavioral finance that people make really, really bad decisions when they panic,” said Robert Stammers with the Charter Financial Analyst Institute. The CFA also recommends most invested in the stock market should hold off on divesting, especially if they have a long-term investment strategy. “If they do sell they’re going to be selling in a bad market,” Stammer explained. “They’re basically going to be doing what people tell you not to do, which is sell low and buy high, when the market comes back.”Historically, the market always rebounds. In 2008, it took five years, and in 2015 the market bounced back in about 13 months. Stammer pointed out, even with major downswings, overtime, those who stay invested still see an annual eight to nine percent return on average. “People did not think we’re going to get through the 2008 crisis,” Stammer said. “More than 60 percent said, ‘that’s it, this is never coming back, it is never going to be like this again.’ Then, after it did come back, the return on the market was like 17 percent.”The “stay the course” advice applies to mostly those with time to wait out the market. However, if you are closer to retirement, or in it, both Stammer and Lannan suggest you may want to get individual advice from a financial professional. When seeking help from a financial professional, it is wise to ask if that professional is a fiduciary, which is a financial advisor legally required to put your interest over theirs. Unfortunately, during economic downturns emotional investors are often easy targets for scammers or individuals selling financial instruments acting as financial advisors. The CFA has a 4263
The Dow Jones Industrial Average dropped as many as 900 points in early trading Monday morning as fears the spread of COVID-19, better known as coronavirus, paralyzed the market.As of 2:30 ET Monday, the Dow was still down about 900 points.Gold prices also surged following reports of increases in COVID-19 in China and around the world.Markets in South Korea and Italy led the decline on Monday, falling nearly as much as 4.6%. Markets are down across Europe and Asia, while futures for U.S. benchmarks have also dropped sharply. Tokyo's markets are closed for a public holiday. South Korea, Iran, and Italy reported a large jump in new cases, potentially disrupting the world economy more deeply than expected. China's leaders promised more help for companies and the economy. Economists note it will be hard to avoid a big hit to the global economy at least in the current quarter. 896
The Dow Jones Industrial Average closed the week on a sour note, giving back some of the gains it had made on three straight days in the green.The Dow closed down 915 points — a 4 percent loss — its first drop since Monday. However, the markets remained up for the week, the first week-over-week gain since February.The day of losses came despite the House passage of a .2 trillion stimulus package that the Trump administration hopes can boost the economy amid an economic slowdown caused by the coronavirus. President Donald Trump is expected to sign the bill into law this afternoon. 600
The Boston area is home to some of the most elite schools in America. People from around the world dream of enrolling at schools like Harvard, MIT, Tufts and others.But for many of those living just about a half hour from Harvard's campus in Cambridge, Massachusetts, the idea of going to any college can be hard to imagine. "I never really even thought about college or even finishing high school," Paul Burns says.Burns grew up in a tough part of Boston's Dorchester neighborhood. "It's an everyday struggle to even survive," he says. "Everyone doesn't go to school. Everyone doesn't go to college. Everyone doesn't have job. Everyone doesn't have the benefits that most kids have."Burns wasn't going to college at 17; he was going to prison. He spent five years behind bars. When he got out, he walked into the non-profit, College Bound Dorchester. "The first Friday I got out, I was in there the next Monday," Burns recalls.College Bound Dorchester helps people who others might think would never have a chance at college."They're not different from you or me; they have dreams,” College Bound Dorchester's senior vice president Michelle Caldeira says. “They just need the opportunity." College Bound Dorchester tutors, guides and helps students, many of whom are former gang members."The rate of people who were formally incarcerated going back to jail is 40 percent in Massachusetts," Caldeira says. "For us, it's lower. It's about 19 percent, so we know immediately when students are engaged with us the recidivism is immediately lowered."According to the 1576