FEATURED ON CBS THIS MORNING AND CNBC’S SQUAWK BOX
Chris Payne and Rob Barnett are two formerly obese economists who met while working at Bloomberg. They faced the same obstacles to healthy living that so many others face today: long hours, endless stress, constant eating out, and snacking out of boredom. When they finally decided to do something about it, they lost weight by applying what they know best—economics—to their waistlines.
The Economists’ Diet outlines a straightforward, sustainable path for changing your eating habits. By combining economic principles, real-world data, and their own personal experiences, this guide teaches you how to control your impulses to overeat and learn how to approach food in a healthier way. Payne and Barnett provide simple solutions that you can use to achieve lasting results, without extreme dieting or giving up your favorite foods. By applying economic concepts, such as supply and demand, budgeting, and abundance, The Economists’ Diet is a unique and effective way to lose weight—and successfully keep it off.
Contrary to conventional wisdom, we believe that weighing yourself every day is essential to losing weight and keeping it off. It enables a dieter to directly connect his or her eating behavior with the number on the scale. Eat too many slices of pizza and you will, we promise, see a couple of extra pounds on the scale the following morning. We also promise that as you adjust down the quantity of food you are eating, you’ll be hugely motivated to press on with your diet by the lower number you see on your scale.
Knowing your daily weight and having it in your mind also acts as a priming mechanism against temptation. However motivated dieters are in the morning, often hunger pangs get the better of them later in the day. Knowing your weight sends a powerful reminder to stick to your guns and not reach for the candy bar or overeat at lunch. It has exactly the same effect that being reminded of your bank balance has just before deciding whether to splurge on a new TV you don’t really need.
Like most people you’ve probably started a diet, but were not intentional enough on tracking progress toward your weight loss goal. And somewhere along the way you lose interest due to your lack of progress. By measuring your weight daily, you’ll maintain motivation and see the feedback you need to keep on track toward your weight loss goal.
I offer a spreadsheet to track your daily weight loss as part of my Action Diet Plan.
The Action Diet spreadsheet draws your weight loss journey as a sloped line on your personalized chart. Weigh yourself every day and watch your progress as a new dot on the graph. If your dot is below the trend line, you’re on track! If your dot is above the line, you’re at risk of missing your goal. The spreadsheet tells you each day what action is necessary to reach your weight loss target.
The spreadsheet is available via the Research Offers page.
The stock market selloff that began around the last week of January was predicted by the Trend Exhaustion timing system. All three timeframes (monthly, weekly and daily) were in a cluster of Sell modes. This began with a Monthly exhaustion point at the end of December 2017. The Weekly signal hit right at the market peak (2,872 on the S&P 500) during the week of January 22nd, 2018. Daily trend exhaustion soon followed on January 30th. It’s no wonder February has been so unkind to the market.
Below is a Table presenting this “Triple Trend Exhaustion” of the S&P 500, along with the most recent Buy signals at each timeframe for comparison:
|Most Recent BUY Signals
Date / Price / Signal
|Most Recent SELL Signals
Date / Price / Signal
|Monthly||February 2009||735||Setup||December 2017||2,673||Aggressive Sequential||1,991|
|Weekly||Feb. 8, 2016||1,864||Setup||Jan. 22, 2018||2,872*||Aggressive Sequential||2,446|
|Daily||Nov. 4, 2016||2,085||Setup||Jan. 30, 2018||2,822||Setup||2,682**|
* Right at the recent Market Peak.
**Daily Support has been Broken. If a Daily Setup forms below this level expect additional short-term downside.
Two years (back to 2016) is a very long time to go without an Exhaustion signal for the Weekly and Daily timeframes – and nine years for the Monthly, leading me to think we could be in for more downside. Support levels are shown in the Table for each timeframe and should be watched closely.
Here’s images (click on images for clarity) of the Sell signals from the Trend Exhaustion Market Timing Excel Spreadsheet
Monthly “Aggressive Sequential” Sell Signal for S&P 500, December 2017 (see cell BJ344)
Weekly “Aggressive Sequential” Sell Signal for S&P 500, January 22, 2018 (see cell BJ1412)
Daily “Setup” Sell Signal for S&P 500, January 30, 2018 (see cell K1411)
These Trend Exhaustion signals are powerful tools to identify when the market’s current trend is expected to reverse. Learn more about the system here: Trend Exhaustion Market Timing Excel Spreadsheet
How a stolen basketball play spread from Montana to Colorado State to Utah State to BYU to Iowa State all the way to the reigning NBA champions
Authored by Ben Cohen via The Wall Street Journal
For more incredible set plays from Stew Morrill, one of basketballs best X’s and O’s coach, visit here.
Eat the foods you love. Consume as many calories as you desire. Sound like a good diet plan? New research supports that you can lose weight – and gain metabolic health benefits – with one simple tweak to your diet. Just limit the number of hours (normally 8 to 12) each day in which you eat.
A diet trend called time-restricted eating, which is basically a form of daily fasting in which you refrain from eating for more than half the day, is gaining new support from nutrition scientists. Research has found it can be an effective way to lose weight and stay slim—even if you don’t restrict what you’re eating.
To follow a time-restricted diet (also known as intermittent fasting), you can continue eating the same foods you normally do, you just only eat them during a certain number of hours of the day. You start by restricting all eating to an 11- or 12-hour period—so, if you have breakfast at 8 a.m., you’ll have to set forks down by 7 or 8 p.m. You’re allowed to drink water, coffee, or tea (with no milk or sugar) during the fasting periods between bedtime and in the a.m., but you have to steer clear of ingesting anything else.
Begin by fasting for about 12 hours of the day (including the time you sleep). Once you get used to it and it feels fairly easy, try dialing it back even further, allowing yourself to eat only 10 or maybe even eight hours of the day. Nutrition research indicates that the longer you fast, the more fat you are burning for energy in the absence of glucose.
Animal-based studies suggest that time restriction might be all that’s necessary to help you slim down. Recent research published in the journal Cell Metabolism, found that this rule can help you maintain a healthy weight—even if you cheat on the weekends. And the study also found that it didn’t matter what you eat: If you eat it during a small window of the day, you’ll still be slimmer than if you eat it at all hours.
In addition to helping you maintain a healthy weight, time-restrictive eating might also help you have less inflammation and lower your risk of diabetes, heart disease, and other chronic illnesses. Longer fasting periods and less eating in the evening may lower inflammation and risk of breast cancer as well.
It makes your body burn fat more efficiently. When glucose is absent, the body will break down fat stores into free fatty acids for energy. This use of free fatty acids enhance fat burning as you are using stored fat for fuel. And though it may seem contradictory, time-restriction can actually make you less hungry—by normalizing your body’s level of ghrelin (the “hunger hormone”). Fasting helps the regulation of this hormone so we feel hungry only when we actually need to eat.
A 2016 study of 34 men over an 8-week period, found a significant decrease in fat mass (16.4% vs 2.8%) in the time-restricted group. Muscle mass was maintained in both groups. The time-restricted group consumed the same number of calories as the control group, but limited feeding to an 8-hour window each day.
Weight loss is difficult. It takes commitment. We need to be intentional about it, and measure our progress daily (weekly or even monthly weigh-ins allow too much room for error and excuse). To help with your goals, I’ve created a simple, powerful tool to keep you on track toward your diet goals. Just measure yourself daily, and take Action when needed. Its explained and shown in this Article: The Action Diet: Weight Loss That Works!
You WILL reach your weight loss goal using the Action Diet program.
Goldman Sachs is getting into the house-flipping loan business. The Wall Street giant is buying Genesis Capital, a lender to investors that buy, fix and flip single-family properties.
Genesis issued $1 billion in loans last year, up from $50 million in 2013, the Wall Street Journal reported.
House flipping is on the rise as the residential market continues to recover from the subprime mortgage crisis. Last year, borrowers took out $40 billion in fix-and-flip loans, the most since 2006.
“A lot more new home flippers are coming out of the woodwork,” Alex Sifakis of JWB Real Estate Capital told the Journal. They “have seen the (TV) shows.”
Big institutions are taking note. Wells Fargo and JPMorgan Chase both extended credit lines to fix-and-flip lenders. And last year, the Japanese investment bank Nomura securitized $126 million in loans issued by California-based Lending Home [WSJ] — Konrad Putzier
Flipping a house can be an awesome way to generate cash flow, and, ultimately, build long-term wealth – if you do it right. Flipping appeals to every type of real estate investor from those just getting started to old pros. It’s a great way to make excellent money on an occasional basis, or, if you find you’re suited to it, a very profitable full time business. Just make sure you’re ready for whatever your rehab project throws at you, and you’ll increase the odds that you’ll come out with a profit.
Click Here to learn about my Fix-N-Flip Rehab Analyzer for Excel program, an easy-to-use tool to quickly analyze rehab deals and calculate the max purchase price you should offer.
I’ve always enjoyed a good discussion of modern art philosophy..
Minneapolis Fed President Neel Kashkari was the latest Fed official to claim that “spotting bubbles is hard,” that the Fed cannot see them, and that if it could see them, it shouldn’t do anything to stop them because it had only “limited policy tools.”
Neither Kashkari nor anyone else working at the Treasury Department in 2006 could see any bubbles, not even the housing bubble although it was already beginning to deflate.
“It is really hard to spot bubbles with any confidence before they burst,” Kashkari writes, specifically naming stock prices and house prices. “Everyone can recognize a bubble after it bursts, and then many people convince themselves that they saw it on the way up.”
So here is a visual aid for Kashkari and other Fed governors. It will help them “spot” the beautiful housing bubbles in the US – because bubbles really aren’t hard to recognize before they burst, if you want to recognize them.
Since everyone called it a housing bubble after it had imploded, even Kashkari, today’s phase in the wondrous market is Housing Bubble 2, No?
The other day, Zillow reported that the national median home value in April rose 7.3% year-over-year to $198,000. It too beat the peak of Housing Bubble 1 ($196,600) set in April 2007. “It only took a decade,” Zillow said.
View additional charts for major U.S. cities at: Dear Fed, It’s Not “Really Hard to Spot Bubbles” | Wolf Street
These 19 healthy lunch ideas use only three main ingredients each, making it easier than ever to make a quick healthy lunch.