Identifying Opportunities in Economic & Regulatory Trends
Economic Trends
Opportunity 1: The U.S. dollar is getting stronger
a.) https://ihsmarkit.com/research-analysis/top-10-economic-predictions-for-2020.html
b.) As the U.S. dollar gets stronger, the more people would want to travel to other countries, creating an opportunity to better our airline and airport service.
c.) I think the prototypical customer will be those who travel a lot whether it be for work or leisure.
d.) I think the opportunity is relatively easy to exploit because as a consumer you want to see fresh new ideas put into place for your convenience, and if the airline and airport industry acts upon this opportunity I believe that they will be very successful.
I was able to find this opportunity because I am currently taking a Travel and Tourism course. The course helped me realize that as long as the U.S. dollar is strong, more people would want to take this opportunity to travel because it would be cheaper after conversion rates.
Opportunity 2: Oil and gas prices rising
a.) https://www.thebalance.com/us-economic-outlook-3305669
b.) As oil and gas prices start rising higher and higher, there will be more of an opportunity for car brands to start investing in making electric cars.
c.) The prototypical customer will be those who wish to be more environmentally sound and/or just need a new car.
d.) This opportunity will not be that easy to exploit because electric cars can be more expensive to buy, but it will save you money in the long run because it costs you more per year to use gas.
I was able to find this opportunity because using gas is really not environmentally friendly and as more and more car brands are coming out with their own electric cars, leading the way to more environmentally friendly option.
Regulatory Trends:
Opportunity 3: Regulation of Technology
a.) https://www2.deloitte.com/us/en/pages/regulatory/articles/center-for-regulatory-strategy-outlooks.html
b.) New technology is always arising and as the world becomes more and more technology heavy, users become wary about putting their personal information on personal accounts for the fear of getting it stolen. There is an opportunity for technology, especially social media, to be regulated so that users are more safe from hackers and getting their information stolen.
c.) The prototypical customer would be anyone who uses any type of technology and puts in personal information to make accounts and such,
d.) Since there are millions of technology users, this should be easy to exploit, so that all users can keep themselves safe from getting their information stolen.
I had my debit card hacked, my Spotify account hacked, my parents had fraudulent charges on their credit cards, there have been many instances where our accounts were hacked and information was stolen. Just making it harder for anyone to hack into anyone's account will create a safer environment for users who trust the system.
Opportunity 4: Regulating Investment Management
a.) https://www2.deloitte.com/us/en/pages/regulatory/articles/center-for-regulatory-strategy-outlooks.html
b.) Investments are constantly being made all around the world, but this can be dangerous because if you do not invest in your money properly, you could lose it all. I believe that there is an opportunity to improve upon the risk management that is associated with investing.
c.) The prototypical customer would be those who earn a lot of money and invest it.
d.) It would be fairly easy to exploit this opportunity because investors are already cautious about where they spend their money, but with risk management, there could be more of a cushion if there was money lost.
I do not have experience investing in money, but my economics teacher in high school was very passionate about it and made a lot of money through it. He was very careful in where he put his money, which gave me the idea that there are a lot of aggressive investors that need to be aware of risk management in investing large sums of money.
Opportunity 1: The U.S. dollar is getting stronger
a.) https://ihsmarkit.com/research-analysis/top-10-economic-predictions-for-2020.html
b.) As the U.S. dollar gets stronger, the more people would want to travel to other countries, creating an opportunity to better our airline and airport service.
c.) I think the prototypical customer will be those who travel a lot whether it be for work or leisure.
d.) I think the opportunity is relatively easy to exploit because as a consumer you want to see fresh new ideas put into place for your convenience, and if the airline and airport industry acts upon this opportunity I believe that they will be very successful.
I was able to find this opportunity because I am currently taking a Travel and Tourism course. The course helped me realize that as long as the U.S. dollar is strong, more people would want to take this opportunity to travel because it would be cheaper after conversion rates.
Opportunity 2: Oil and gas prices rising
a.) https://www.thebalance.com/us-economic-outlook-3305669
b.) As oil and gas prices start rising higher and higher, there will be more of an opportunity for car brands to start investing in making electric cars.
c.) The prototypical customer will be those who wish to be more environmentally sound and/or just need a new car.
d.) This opportunity will not be that easy to exploit because electric cars can be more expensive to buy, but it will save you money in the long run because it costs you more per year to use gas.
I was able to find this opportunity because using gas is really not environmentally friendly and as more and more car brands are coming out with their own electric cars, leading the way to more environmentally friendly option.
Regulatory Trends:
Opportunity 3: Regulation of Technology
a.) https://www2.deloitte.com/us/en/pages/regulatory/articles/center-for-regulatory-strategy-outlooks.html
b.) New technology is always arising and as the world becomes more and more technology heavy, users become wary about putting their personal information on personal accounts for the fear of getting it stolen. There is an opportunity for technology, especially social media, to be regulated so that users are more safe from hackers and getting their information stolen.
c.) The prototypical customer would be anyone who uses any type of technology and puts in personal information to make accounts and such,
d.) Since there are millions of technology users, this should be easy to exploit, so that all users can keep themselves safe from getting their information stolen.
I had my debit card hacked, my Spotify account hacked, my parents had fraudulent charges on their credit cards, there have been many instances where our accounts were hacked and information was stolen. Just making it harder for anyone to hack into anyone's account will create a safer environment for users who trust the system.
Opportunity 4: Regulating Investment Management
a.) https://www2.deloitte.com/us/en/pages/regulatory/articles/center-for-regulatory-strategy-outlooks.html
b.) Investments are constantly being made all around the world, but this can be dangerous because if you do not invest in your money properly, you could lose it all. I believe that there is an opportunity to improve upon the risk management that is associated with investing.
c.) The prototypical customer would be those who earn a lot of money and invest it.
d.) It would be fairly easy to exploit this opportunity because investors are already cautious about where they spend their money, but with risk management, there could be more of a cushion if there was money lost.
I do not have experience investing in money, but my economics teacher in high school was very passionate about it and made a lot of money through it. He was very careful in where he put his money, which gave me the idea that there are a lot of aggressive investors that need to be aware of risk management in investing large sums of money.
Higher Risk=Higher Reward
ReplyDeleteI work for an investment firm and this is the thought process of approximately 75% of our average investors. Due to regulatory management of all investments by FINRA your average investor can be confident their Financial Advisor is acting on their best interest. Most people don't realize that those folks that have hit it big also had one or a few big losses at some point!
Hi Mia,
ReplyDeleteI thought your post was really great! I too would also agree for one of your economic opportunities that there could be a potential opportunity for electric cars as gas prices rise. This idea could also tag along with the environmentally friendly aspect of things making it an even better opportunity after all. Great post Mia! Keep up the good work!