Health Benefits of Fishing

With over three decades of experience in the electrical contracting industry, Michael Fratacci Sr. has worked in the New York metropolitan area during his entire career. Michael Fratacci served Ramco Electrical Contracting Corp. for sixteen years as its president. In his free time, Mr. Fratacci enjoys going to sporting events, bowling, fishing, and going to the movies.

Although many people think of fishing as a more or less passive activity, it can still provide several health benefits for those who practice it. Besides using and strengthening several muscles groups of the body, especially the muscles of the arms and legs, people who fish often have much more access to vitamin D, a crucial nutrient made by the body when the skin is exposed to the sun. Of course, those who catch fish may eat more fish, which can be a good source of omega 3 fatty acids as well as other nutrients.

Mentally, fishing is also beneficial. Being in nature and breathing the fresh air allows the body to let go of stress, reducing the levels of cortisol, a stress hormone that has harmful long-term effects. Fishing also exercises the concentration of the angler, who needs to focus on the process, and encourages the development of patience, since fishing typically involves long periods of waiting before a fish strikes.

How Black Swan Events Impact the Stock Market

For 15 years, Michael Fratacci Sr. led operations at Ramco Electrical Contracting Corp., an energy company he founded in 2001. Alongside more than 30 years of experience completing electrical installations in New York City, Michael Fratacci Sr. possesses a professional interest in current events in the stock market.

As of early 2020, many stock market watchers are speculating about the impact of Covid-19, a previously unknown coronavirus, on the world’s stock exchanges. The coronavirus is the latest example of an unpredictable but highly impactful global occurrence, also known as a black swan event. These events are particularly disastrous for the stock market because the consequences of the occurrence are difficult to anticipate.

The fact that the virus first emerged in China, a global manufacturing hub, rather than a sparsely populated region, makes the situation much more precarious for the economy. Further, the potential for exponential spreading has led to decisions that may impact global markets, such as travel bans and wide-scale quarantines.

Most black swan events are deemed inevitable in hindsight. Because similar epidemics have emerged in recent years, experts in the future may argue that the possibility of a situation like Covid-19 should have been expected.

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