Friday, February 2, 2018

Assignment 6A - Identifying Opportunities in Economic & Regulatory Trends

Economic Trend #1: The use of cryptocurrencies
·      I believe this opportunity exists because the above article discusses the success of the cryptocurrency Ethereum, which has grown to a value of $800 from just $11 at the beginning of 2017.
·      The prototypical customer would probably be younger people simply because cryptocurrencies are very volatile and I don’t think the older generations would want to risk their money.
·      I think this opportunity would be easy to exploit, but the real issue is how long it will last. I think right now there is a lot of hype around Bitcoin and cryptocurrencies, and its popularity has grown a lot. A lot of the younger generation is currently using cryptocurrencies, so I don’t see why it wouldn’t be easy to exploit.
·      I saw this opportunity because Bitcoin has grown in popularity over the last few months, and now there is a lot of focus on these types of currency.

Regulatory Chance #1: Trump’s tax cuts
·      This opportunity exists because President Trump’s tax plan was just passed by the Senate and the House, so it will probably be signed into law soon enough.
·      The prototypical customers will probably be investors as the article states that once the bill is signed, stocks are going to soar and earn people a lot of money.
·      I think this opportunity would be easy to exploit because the article is clear on the effects the tax cut will have, so it is more than likely that people are going to invest in the stock market a lot more.
·      I found this opportunity because there has been a lot of media and press coverage about Trump’s tax plan.  

Regulatory change #2: Using drones to fight the Zika virus
·      I think this opportunity exists because, although Zika has not been in the news much lately, there are still Zika infected insects out there, especially in places in Florida such as Miami.
·      The prototypical customer should be people that live in areas affected by Zika and want to protect themselves and their loved ones from the virus
·      I think this opportunity would be somewhat easy to exploit because people care a lot about their health and want to protect themselves from harm.
·      I found this opportunity because I remembered how much press coverage there was surround Zika last year and knew that it was a big health scare for everyone.

Economic change #2: More people will be employed; unemployment rates will fall
·      I believe this opportunity exists because the article states that the unemployment rate is going to fall to only 4-5% and the economy will fully recover from the recession.
·      The prototypical customer are people with degrees in healthcare as the article states that healthcare will experience the fastest growth in terms of employment.
·      I think this opportunity would be a little difficult to exploit as the article states that people with only a high-school diploma will have a significantly harder time finding jobs, and the article is only citing a rise in employment for some occupations, not all.

·      I found this opportunity because, as a student, I am interested in what the job market is like so I can be aware of my standing when I graduate and enter into the working world.

3 comments:

  1. I believe you had very good opportunities. They were very well drawn out and explained. I have an interest in cryptocurrencies so I completely agree with your first economic change. It is a huge opportunity that millennials should be using. The more traders these markets get, the more stable the market gets.

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  2. I like your opportunities! I definitely also found the article of employment rate falling to 4-5% interesting! There definitely is a huge opportunity there where this field will have a huge demand in the next few decades. As well with cryptocurrencies, not many people understand it, including myself, and would love to understand it as it can lead to more economic growth.

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  3. This blog is well done and you do a good job of making it easy to read and understand. Your opportunities are relevant and interesting. I also saw opportunities in cryptocurrencies and Trump's tax cuts so I definitely believe they are there. The Zika idea seems futuristic and perhaps revolutionary.

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