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On Rethink What’s Possible, a podcast by Milwaukee School of Engineering, MSOE students, faculty, staff, alumni and community partners share their inventions, research, industry trends, projects, experiences and how they’re rethinking what's possible. Artificial intelligence. Machine learning. High performance computing. Super computers. These terms have been around for quite a while now, but only in recent years the research has been put into practice and there are no signs of it slowing down. Episode Three, 'Humanizing Machine Learning,' Artificial intelligence (AI) is becoming prominent in more and more industries each day, including health care. Artificial intelligence (AI) is becoming prominent in more and more industries each day, including health care. Join Dr. Sheila Ross and Dr. John Bukowy, AI faculty experts from Milwaukee School of Engineering (MSOE) and student Ethan Hindes as they discuss the advancements of AI in “Humanizing Machine Learning,” part of the MSOE podcast, “Rethink What’s Possible.” They talk about its impact on their research with the Medical College of Wisconsin to identify and assess the severity of damage to blood vessels in kidneys. Hindes also discusses how he found his way to major in computer science. The podcast is available for download and well worth listening to. And, if you are a journalist interested in learning more or arranging an interview with Dr. Ross or Bukowy – simply click on either expert's icon now to arrange an interview today.
On Rethink What’s Possible, a podcast by Milwaukee School of Engineering, MSOE students, faculty, staff, alumni and community partners share their inventions, research, industry trends, projects, experiences and how they’re rethinking what's possible. Episode Two, “Erasing the Stigma of Mental Health,” features industry experts Dr. Carol Sabel, MSOE School of Nursing chairperson, and Sue McKenzie Dicks, vice president of healthy culture at Rogers Behavioral Health. The pair discusses the importance of mental health with recent MSOE graduate Jake Egan, who shares his own personal mental health journey and how he dealt with juggling an intense academic workload and a variety of internships. According to the National Alliance on Mental Illness, trying to tell the difference between what expected behaviors are and what might be the signs of a mental health condition isn’t always easy, but identifying a problem early can help lead to the best outcome. The U.S. has the highest rates of mental health disease (27%) as compared to any other industrialized country. One in five adults suffer from some sort of mental health illness and 3.3 million children ages 6-17 receive treatment or counseling for emotional or behavioral issues. The stigma surrounding mental health care is beginning to subside, and more individuals are seeking care. By 2025, the demand for mental health services is expected to outpace supply by 10,000—and in the U.S. 60% of psychiatrists are 55 or older. Our nation is facing a shortage of mental health care providers. In a move to address the shortage of mental health care providers in the United States, Dr. Carol Sabel and the MSOE School of Nursing partnered with Rogers Behavioral Health to offer a Psychiatric Mental Health Nurse Practitioner Program (PMHNP). This innovative new program, coupled with educating nurses at the bachelor’s and advanced practice levels in the area of mental health, is increasing the pipeline of qualified mental health professionals. The podcast is available for download and well worth listening to. And, if you are a journalist interested in learning more or arranging an interview with Dr. Carol Sabel – simply click on her icon now to arrange an interview today.
On Rethink What’s Possible, a podcast by Milwaukee School of Engineering, MSOE students, faculty, staff, alumni and community partners share their inventions, research, industry trends, projects, experiences and how they’re rethinking what's possible. Episode Four, 'Rooted in STEM,' features Seandra Mitchell, vice president of student affairs and campus inclusion, and Liz Taylor, director of STEM, as they dive into the importance of diversity in STEM and MSOE’s efforts to offer STEM experiences to shape a more equitable future. According to the National Science Foundation, 111,402 bachelor’s degrees in engineering were conferred nationwide in 2018, the most recent data available. Of those degrees, roughly 64% were white, roughly 12% were Hispanic or Latino, roughly 12% were Asian or Pacific Islander, roughly 4% were Black or African American, and the rest listed themselves as something else. In 2021, MSOE celebrated the opening of the We Energies STEM Center at MSOE. The new center is the premier STEM destination in Milwaukee for K-12 students and home to MSOE’s STEM outreach efforts. The purpose is to provide an accessible, dedicated space for students from all walks of life to explore, create and define their future in STEM. The podcast is available for download and well worth listening to. And, if you are a journalist interested in learning more or arranging an interview with MSOE's Director of STEM outreach, Liz Taylor – simply click on her icon now to arrange an interview today.
Ray A. Blackwell, M.D., MJ, chief of Cardiac Surgery and the W. Samuel Carpenter, III, Distinguished Chair of Cardiovascular Surgery at ChristianaCare, received the 2021 Tilton Award from the Medical Society of Delaware on Oct. 28 at the Tilton Mansion, now the University & Whist Club in Wilmington, Del. The award recognizes Dr. Blackwell as a pre-eminent cardiac surgeon the past 21 years and for his life-long commitment to service for the betterment of patients, the local community and the nation. The award is named for James Tilton, M.D., the first U.S. Army Surgeon General of the United States and the first president of the Medical Society of Delaware. “Dr. Blackwell is an outstanding choice for this prestigious award,” said Kirk Garratt, M.D., medical director of ChristianaCare’s Center for Heart & Vascular Health. “He has given a great deal to his patients, his colleagues and his profession. His strong leadership and clinical expertise have led to optimal health and an exceptional experience for many patients in our community. In addition to being an excellent surgeon, Dr. Blackwell has been dedicated to driving innovations that improve patient outcomes and has been committed to finding ways of keeping patients healthy and preventing cardiovascular disease.” Since joining ChristianaCare in 1996, Dr. Blackwell has been recognized among the top cardiac physicians in our region and has been instrumental to the development of the cardiac surgery program. In 2011, he became the surgical director of the Mechanical Circulatory Support Program and led the initiative to establish Christiana Care’s Ventricular Assist Device Program. In 2017 he was named Chief of Cardiac Surgery and has since led the health system’s team of highly skilled and experienced heart surgeons who perform more than 700 heart surgeries each year. Dr. Blackwell is a clinical assistant professor of Surgery at Sidney Kimmel Medical College of Thomas Jefferson University. He served as the chair of ChristianaCare’s Blood Pressure Ambassador Advisory Committee. Dr. Blackwell has dedicated his life to service of others, especially on behalf of underprivileged and underrepresented people. As a high school student, he participated in A Better Chance Program, which places underprivileged, underrepresented and underfunded students in better academic environments. He is still active with the organization. He also served on the minority admissions subcommittee and later became a regional recruiter for Dartmouth College and Dartmouth Medical School. In 2019, he received a lifetime achievement award as part of a Dartmouth College celebration, “Standing at the Threshold,” honoring Dr. Martin Luther King Jr. Dr. Blackwell also received the Raising Kings award in 2018 from the One Village Alliance, an agency dedicated to elevating positive images and setting high expectations for Wilmington’s Black men and boys, He is a regional alumni council member of National Medical Fellowships, which funds underrepresented and underfunded medical students and is co-founder of the Association of Black Cardiovascular and Thoracic Surgeons, which supports and develops upcoming and practicing cardiothoracic surgeons. He has also held numerous leadership board positions for Delaware organizations, including the Delaware Medical Education Foundation, the Delaware Board of Medical Licensure and Discipline, the New Castle County and Great Rivers Affiliate Boards of Directors for the American Heart Association. He is also a board member of the Friends of Hockessin Colored School 107C and Indoor Track Delaware. Dr. Blackwell is also a recipient of the James H. Gilliam, Jr. Award from the American Heart Association for his contributions to the health, welfare and benefit of the community.
MEDIA RELEASE: Is your vehicle ready for winter? What you need to do to prepare for the season ahead
Temperatures are getting colder, Ontarians are bundling up, and CAA South Central Ontario (CAA SCO) is recommending that now is the right time to get your vehicle winter ready. “Preparing for unpredictable driving conditions will help ease the frustration and anxiety that comes with colder weather,” says Kaitlynn Furse, director, corporate communications, CAA Club Group. “Before the winter season starts ensure your car is in tip top shape.” If you’re uncertain of when or how to get ready for winter driving, the top three things you can do right now are: packing an emergency roadside kit, installing your winter tires, and checking your car battery. CAA recommends packing a fully stocked emergency roadside kit so in case something does happen while on the road, you have everything to stay safe until help arrives. The kit should include a flashlight and extra batteries, warning devices (e.g., flares, reflective vests/strips), a first aid kit, blankets, jumper cables, non-perishable food and water plus a phone charger. Be sure to also keep an ice scraper, small shovel and snow brush handy in your car at all times. With the temperature consistently hovering around 7° Celsius, it’s important to install four matching winter tires to fully optimize your vehicle’s handling, stability and braking. “Compared to all-season tires, winter tires stay flexible in cold temperatures giving you better traction, whether or not there’s snow on the ground,” says Furse. “This may reduce your stopping distance by a few feet which can be the reason for preventing a collision.” While installing your winter tires, CAA recommends also asking your mechanic to check your car battery. “Even a fully charged battery can lose power when the temperature dips below 0° Celsius,” says Furse. “It’s important to have your car battery tested in the fall to ensure it’s ready for the winter.” Are you unsure if your car battery will make it through the winter months? Watch for the following warning signs that a battery may need to be replaced: Your vehicle cranks slowly when trying to start. It takes 175 to 250 amps of battery power to get a car going. If your car is slow to start, you might be dealing with an insufficient charge. Your headlights dim while idling. When idle, a car may draw more power than the alternator alone can produce, so your battery kicks in. If your headlights dim when you are idling but brighten when you rev the engine, it could mean a drained battery. Your digital systems power down quickly. Electronics like the radio, GPS, dash cams and other accessories, especially in modern cars, use battery power when the engine is off. If they stop functioning properly, it could suggest a weak battery. You hear a grinding, clicking or buzzing noise when you turn on the ignition. It’s important to be able to distinguish the reason your vehicle may be making noises, usually these sounds mean your battery has lost its charge but if you’re still unsure, get your vehicle checked by a professional. Your vehicle has stalled. The stored energy in your car battery is essential for starting the engine, without its juice, you won’t be going far. If your battery is giving you problems or you are unsure if it’s time to replace it, you can call CAA’s Mobile Battery Service at *222 to have a trained CAA SCO Battery Service Representative come test your battery and provide a helping hand.
Emory Experts - Post-Financial Crisis: How Well do Mutual Fund Stocks Fare?
Following the global financial crisis in 2008, the assets of passively managed mutual funds have ballooned, while the market share of actively managed funds has fallen dramatically. Addressing this topic, a new research has been coauthored by Jeffrey “Jeff” Busse, professor of finance, and Goizueta alumni Kiseo Chung 17PhD, assistant professor of finance, Texas Tech University and Badrinath Kottimukkalur 17PhD, assistant professor of finance, George Washington University. In their paper, the researchers explain the shift in assets from actively managed funds to passive funds, “Impediments to Active Stock Selection and the Growth in Passive Fund Management. In 1999, Busse and his coauthors explain, the net assets of passive funds were “less than an eighth the assets of active funds.” But by the end of 2019, “the market share of passive equity funds increased to more than 50 percent,” Busse, Chung, and Kottimukkalur note. Passive funds track indices such as the S&P 500, Dow Jones Industrial Average, NASDAQ Composite, and Wilshire 5000—all indices that have been difficult to beat over the last decade. According to the Wall Street Journal, from 2008 to 2018, more than 80 percent of actively managed funds in the U.S. underperformed the S&P Composite 1500. This is in large part, the trio notes in their paper, because the so-called “FAANG” stocks—Facebook, Apple, Amazon, Netflix, and Google—comprise such a large part of these indices. In fact, the top 10 stocks in the S&P 500 currently make up around 30 percent of its market cap. “The market caps of these companies are huge, and they’ve done exceptionally well since the financial crisis,” Busse explains. Hence, active fund managers and their teams of analysts have found it much more challenging to discover undervalued and overlooked stocks with positive alphas ─ the stocks that outperform an index. “As such, a general move toward passively managed funds is not so surprising,” the paper reveals. Finding Diamonds and Avoiding Duds Making it even more difficult to find diamonds in the rough is a lack of volatility in the stock market. Except for some isolated periods, including the month or so around the start of the pandemic in March 2020, the market hasn’t experienced much volatility since 2008. Without wide swings in prices, fund managers have less opportunity to buy low and sell high. Over the same time period, aggregate stock liquidity has also been high, which means less chance for fund managers to pick up winners at bargain prices. “When there’s money in the market—when there’s liquidity—it means there aren’t a lot of disagreements on prices,” explains Busse. “Liquidity is inversely related to mispricing,” the researchers explain in their paper. This combination of circumstances—the rise of the FAANG stocks, the lack of market volatility, and higher liquidity—is making it much more difficult for actively managed funds to find stocks that will help their funds beat the indices, and therefore, outperform the passive funds. As a result, justifying their management fees gets more complicated. According to Thomson Reuters Lipper, the average expense ratio (management fees divided by total investment in a fund) for actively managed funds is 1.4 percent compared to 0.6 percent for the average passive fund—nearly three times as much. While active fund managers have realized that these higher costs are no longer paying off and have moved to reduce them, actively managed funds continue to lose market share. Market Share Gain of Passively Managed Funds While the authors weren’t surprised by the growth of passively managed funds, they were surprised by how much they grew. From 1999 to 2019, the authors note, the number of actively managed funds grew by 11 percent, while the number of passively managed funds increased by 244 percent. “There haven’t been any papers that try to explain why passive funds have gained so much market share,” says Busse. He and his coauthors believe their research illustrates that it’s in large part because the market, post-financial crisis, is challenging for stock pickers. “As such, it has been difficult for actively-managed funds to recoup the costs associated with active management, and compared to earlier periods, passively managed funds are better positioned to gain market share,” they explain. “As the payoffs to active management decrease, it becomes more difficult to justify the costs of active management, and, thus, we expect funds to decrease these costs given their negative performance implications.” Busse doesn’t believe the current fund management environment will continue indefinitely. When the pandemic knocked the S&P 500 down 30 percent in March 2020, managers did gain opportunities to find positive alpha stocks—which they bought. “It’s just, on average, over the last 10 years, there haven’t been enough of those opportunities,” explains Busse. “It’s a matter of hanging in there and, in some sense, keeping your investors from fleeing to passive funds until the environment is a little bit better.” Jeffrey Busse is the Goizueta Foundation Term Professor of Finance where his research focuses on investments, with an emphasis on mutual funds. Jeff is available to speak with the media regarding this important topic – simply click on his icon now to arrange an interview today.
Aston University pollution expert praises Clean Air Zone roll out plans across UK
• Dr Stephen Worrall believes Birmingham’s Clean Air Zone is encouraging fewer drivers into city centre • The pollution expert said statistics show motorists are ‘changing their behaviour’ • He praised other cities for following suit but says changes need to come more quickly. A leading expert in air pollution from Aston University has examined available data on how many vehicles have paid to enter Birmingham’s Clean Air Zone (CAZ) and has said people’s behaviours are changing Atmospheric chemist, Dr Stephen Worrall, praised the introduction of Birmingham’s CAZ which launched on 1 June, saying it was an important step in tackling air pollution in the city and would have a considerable impact on people’s health. Whilst the full impact of the CAZ on pollution levels won’t become clear until 2022, Dr Worrall said since the “Go Live Date” the traffic data revealed that the number of non-compliant vehicles being driven in the zone was decreasing markedly. “In the first two weeks of June before charging was introduced, the daily number of non-compliant vehicles being driven within the CAZ was at an average of 18,787. “After charging was introduced, this dropped significantly to 11,850 for the remainder of June and this number has continued to fall, with the last reported daily average of 10,800 for August. “This isn’t just your average motorist with a car either, as the data shows similar trends for other categories of vehicles with the biggest improvement observed in light goods vehicles (LGVs). Over 75% of these vehicles were complying with the CAZ in August versus just 63% in June. This is a significant and sustained reduction which clearly demonstrates that people are modifying their behaviours,” he said. Dr Worrall added that the data was also able to hint at the manner in which people were modifying their behaviour, with a possible increase in public transport use, car sharing or a reduction in overall number of journeys. “Some people are upgrading their vehicles to newer, less polluting models as there has been a small rise of about 2,500 in the number of complaint vehicles entering the CAZ on a daily basis. However, this number is dwarfed by the approximately 8,500 reduction in the daily number of non-complaint vehicles. The upshot of this is that the total number of vehicles entering the CAZ every day has dropped by roughly 6,000 (around 6%). 6,000 fewer of the most polluting vehicles in our city centre is a real positive and a step in the right direction to improving our air quality and health,” he said. Air pollution particularly affects the most vulnerable in society, including children, and older people, and those with heart and lung conditions. The annual health cost to society of the impacts of particulate matter alone in the UK is estimated to be around £16 billion*. Levels of NO2 in Birmingham frequently exceed 45 to50 micrograms per cubic meter, mainly caused by road traffic emissions, with certain hotspots exhibiting even greater values such as the measuring site at St Chads Queensway where the last reported yearly average for the city centre was as high as 74 micrograms per cubic meter. The primary aim of the CAZ is to reduce the levels of NO2 to 40 micrograms per cubic meter. Dr Worrall said that although CAZs weren’t directly designed to address greenhouse gas emissions, if as suggested they result in less people using their vehicles for journey, then this would have an impact on emissions. “Whilst the CAZ target is to reduce nitrogen dioxide (NO2) levels, the knock-on effect of this reduction in car use will mean a reduction in pollution in general, including greenhouse gases such as CO2. This is really important and suggests that other cities need to be acting now rather than later. Bath has implemented a similar but less stringent system, London recently extended its ultra low emission zone (ULEZ) area and Portsmouth’s CAZ will be coming live shortly too, but other cities who have plans in the pipeline should really bring them forward as a matter of urgency,” he said. Dr Worrall added that with current COP26 discussions bringing pollution to the forefront, it was important to continue with awareness. “These policies are all small pieces in the puzzle for reducing emissions from transport and getting people to make wiser choices about the vehicles they own and buy, and as COP26 is making very clear we need to be doing all of these things now to save our planet” he said. Dr Worrall has great experience in the subject, having spent a portion of his post-doctoral research in Beijing where he took live air pollution measurements, monitored problematic levels and discussed with international colleagues’ ways to address these issues. Read more about the College of Engineering and Physical Sciences at Aston University, here: https://www.aston.ac.uk/eps ENDS * Defra (2017) Air quality plan for nitrogen dioxide in the UK
University of Rochester Expert on Re-framing Holiday Stress
Can holiday stress (cooking, hosting, shopping, travel, family, finances) be re-framed to actually be beneficial? Yes, according to the University of Rochester’s Jeremy Jamieson, a national expert on stress. Stress and our response to it are not necessarily bad things. Jamieson and his Social Stress Lab study how re-evaluating the way one perceives stress can make a big difference to a person’s mental health, general wellbeing, and success, and help guide the responses to the challenges at hand. “Stress reappraisal is not aimed at eliminating or dampening stress. It does not encourage relaxation, but instead focuses on changing the type of stress response: If we believe we have sufficient resources to address the demands we’re presented with—it doesn’t matter if the demands are high—if we think we can handle them, our body is going to respond with the challenge response, which means stress is seen as a challenge, rather than a threat,” says Jamieson. In the latest study from Jamieson’s Social Stress Lab, which appears in the Journal of Experimental Psychology: General, the researchers trained community college students to treat their stress response as a tool rather than an obstacle. The psychologists found that in addition to reducing the students’ anxiety, the “good stress” mindset reset helped the students score higher on tests, procrastinate less, stay enrolled in classes, and respond to academic challenges in a healthier way. Jamieson is available for interviews and can walk through the strategies for individuals to re-frame their stress.
CAA Insurance Company is proud to announce the expansion of Canada’s first and only pay-as-you-go auto insurance payment program, CAA MyPace™, in Ontario. The program allows motorists to monitor how much they are driving and to pay for auto insurance based on that mileage. After three years where thousands of Ontario drivers have benefitted from CAA MyPace, CAA Insurance is now providing greater savings by expanding access to those who drive less than 12-thousand kilometres annually. Previously it was designed for those who drive less than 9-thousand kilometres. “Since the launch of the program back in 2018, CAA MyPace has been generating a great deal of interest in the market, and consumers are asking for it by name,” said Matthew Turack, president, CAA Insurance Company. “As many Ontarians continue to drive less than they did two years ago, we are excited to make this program available to even more Ontario drivers.” The uniqueness of CAA MyPace in the Ontario auto insurance market has resulted in considerable interest by drivers. The number of new CAA MyPace policies during the pandemic period of January - September 2021, increased by 418 per cent compared to the same pre-pandemic period of January - September 2019. The growth directly results from customers who made the switch to CAA MyPace and are seeing significant savings. On average, CAA’s pay-as-you-go policyholders save 50 per cent on their auto insurance costs compared to a traditional policy. An August 2021 survey of over 2,100 Ontarians, conducted by CAA Insurance, indicated that 64 per cent of respondents would consider a pay-as-you-go product now or at their time of renewal. “Expanding our lifestyle products and programs gives CAA Insurance the ability to be responsive to the needs of our customers and to ensure that we are there for them in every stage of life,” says Turack. New customers can enrol in the expanded CAA MyPace program starting November 15, 2021. Existing CAA MyPace customers will be automatically transitioned into the expanded program, with no additional costs at renewal, effective January 15, 2022.
Aston University makes experts available through COP26
The University’s website is highlighting its experts, projects and research, latest news and podcasts around sustainability On 4 November the University’s Supergen Hub will co-host a ‘fishbowl’ conversation to develop and interrogate visions for a net zero energy future Aston Originals has produced three shows around finance, energy and transport ahead of the summit. Aston University has launched its COP26 campaign to highlight the work being done by its academics and researchers to support the United Nation’s biggest climate change targets. The University’s website will highlight its experts, projects and research, latest news and podcasts around sustainability and climate change. The COP26 summit will be attended by the countries that signed the United Nations Framework Convention on Climate Change (UNFCCC) – a treaty that came into force in 1994. More than 190 world leaders will meet in Glasgow, between 31 October and 12 November, to discuss ways of achieving net-zero carbon emissions by 2050 and keeping the global temperature rise to 1.5 degrees Celsius this century. High profile attendees are expected to include Greta Thunberg, Pope Francis and Sir David Attenborough. Representatives from Aston University will also be taking part at the global summit. On 4 November during ‘Energy Day’, the six UK Research and Innovation Supergen Hubs, one of which involves academics from Aston University, are hosting a ‘fishbowl’ conversation with the public, to develop and interrogate visions for a net zero energy future. It will be participant-driven, enabling multiple perspectives to be aired and offering an opportunity for a variety of participants to engage, and will be live-streamed for those who cannot attend in-person (tickets available for the live-stream here). Also during Energy Day at COP26, the Aston University Supergen Bioenergy Hub will be hosting a ‘Build your own biorefinery’ game on the COP26 Universities Network exhibition stand within the Green Zone. Members of the public will be invited to create their own biorefinery (where multiple products are created from one feedstock to extract maximum value), demonstrating the many routes to producing bioenergy and bioproducts and the co-benefits that can be achieved through different choices. The campaign will also look at the huge carbon footprint of asthma inhalers and a new project which aims to redesign the canisters, so they are more environmentally friendly. The University’s new digital content brand, Aston Originals, has produced three videos showcasing its experts under the topics of finance, energy and transport. Professor Simon Green, pro-vice chancellor research at Aston University, said: "COP26 highlights how big a challenge the climate crisis is for everyone around the world. “I am proud of the work being done at Aston University to combat the problems facing the planet – from the researchers in the College of Engineering and Physical Sciences carrying out world-leading research into new and innovative ways of converting biomass into sources of sustainable energy to experts in the College of Business and Social Sciences who are helping small and medium sized enterprises (SMEs) cut their carbon footprint.”