6A - Identifying Opportunities in Economic & Regulatory Trends
Economic Trends:
1.
Baby Boomers in No Rush to Retire
a.
I found this opportunity on the Barron’s
website: https://www.barrons.com/articles/baby-boomers-in-no-rush-to-retire-51557948765
b.
An opportunity exists from this because it gives
those who are close to acquiring jobs to keep preparation for retirement in
mind. While baby boomers are finding it hard to retire, upcoming employees
should smartly plan their pension plans, such as 401(k)s. Most of these
people are currently millennials.
c.
The customer who is likely to have this opportunity
is someone who is about to enter the work force, mostly millennials and some of
generation z.
d.
I believe the opportunity is easy or difficult
to exploit, depending on the individual and if they decide to remain aware of
this opportunity. The working person must be smart when putting money aside for
their pension plan so they do not have to worry about not being able to afford
to retire down the road.
2.
Mortgage Rates Decline Ahead of Fed Meeting
a.
I found
this opportunity in the Wall Street Journal: https://www.wsj.com/articles/mortgage-rates-decline-ahead-of-fed-meeting-11568800800
b.
The decline of mortgage rates is an opportunity
because it helps mortgage refunding and aids household spending. The decline
may also aid in consumer spending.
c.
The customer who is likely to seize this
opportunity is anyone who currently has a mortgage or is able to refinance
their mortgage. This allows them to increase their consumer spending and
household spending.
d.
This opportunity is easy to exploit because
while mortgage rates are down, it gives the “customer” extra room to use their
disposable income.
Regulatory Trends:
3.
Gun Control Is Thrust Into 2020 Campaign, but
New Laws Face Hurdles
a.
I found this opportunity in the Wall Street
Journal:
b.
While gun control is a widely renown issue, it
is an opportunity to make the country a safer place to live in. It is an
opportunity to prevent those with mental issues from getting their hands on
weapons.
c.
The American citizen is the “customer” who would
benefit from this opportunity. People would worry less about the possibility of
being shot in public places.
d.
I do not think this opportunity is easy to
exploit because action for gun control requires to be passed through Congress. The
process is long and difficult to reach, due to conflicting views.
4.
Lawmakers
Seek Ban on Chinese Drone Purchases by Federal Agencies
a.
I found this opportunity in the Wall Street
Journal:
b.
This ban on Chinese Drone purchases is an
opportunity for the United States to increase security. There is a concern that
these drones are sending information back to hackers or the Chinese government
for cyberattacks.
c.
The United States would be the “customer” because
they would benefit from the ban of the drones by increasing national security.
d.
This opportunity is easier to exploit because
the Bill has already been composed, the American Security Drone Act of 2019. The
bill would also block law enforcement agencies, such as local police forces, from
using federal money to purchase the banned drones.
Nicolette,
ReplyDeleteI found your economic trends extremely interesting. Since baby boomers aren't looking to retire, that leaves out the Generation Z members or even the later millennial who are looking to enter the job force. However, as there is a saying, "A crisis is simply an opportunity in disguise." I feel that whoever can take advantage of either the baby boomers' preparation to retire or the younger generations' impatience in waiting for a stable opportunity for a job would greatly capitalize off the opportunity.