Friday, January 25, 2019

Identifying Opportunities in Economic & Regulatory Trends

Economic
1.  Baby Boomers aren't leaving work yet

  •  https://nypost.com/2018/06/04/baby-boomers-are-refusing-to-leave-the-workforce/
  • People born from 1946-1964, also known as Baby boomers, are not quitting from the work force just yet. There are several factors why this is happening; interest rates for retirement today, people are now healthier, or possibly the fear of another Great recession. Nonetheless  i see an opportunity that would give people in this category like an extra benefits package or unique health care.
  • customers would be people from the age of  High 40's to high 70's 
  • I personally know someone who is around that age who is still working and I'm just impressed with the drive that they have. I wish I had that. I want people like that to be given something in return for the work that they do.


2.Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing

  • https://www.businessinsider.com/falling-home-sales-could-signal-us-recession-2019-1
  •  I see an opportunity for those who wish not to buy a home for so much. The main reason is that mortgage rates increased, convincing prospective homebuyers that the market had become unfavorably expensive. So perhaps an alternative form of home or a new way to buy a home of you choice but a cheaper cost
  •  Customers would be those who really don't want to spend too much to buy a house or people who would just like to have a roof over their heads.
  •  I saw an opportunity in this because I've seen how ridiculous how much some of these house cost, with millennial's settling  for just small living space because of debt or a low income I'm surprised the real estate market hasn't changed the way they should look at things.
Regulatory


3. City OKs plastic bag, Styrofoam ban

  •  https://www.gainesville.com/news/20190117/city-oks-plastic-bag-styrofoam-ban
  •  The city of Gainesville, FL has recently OK'd a ban on plastic bags and Styrofoam containers starting on August 1st. The ban is intended to limit the use of containers that are harmful to the environment, while encouraging merchants to offer more recyclable substitutes. I think an opportunity exists to create a common replacement container, like recycled paper or carboard or totes and make it the new norm. 
  •  Customers would be anyone in the Gainesville area
  •  I saw an opportunity here because living on campus I've seen plenty of people recycle their trash and reusing items, so taking it to the next level was bound to happen eventually. So find a way to make the change more natural for not only the person, but also the community and environment as well.

4. Trump signs bill to reopen the government after record shutdown

  •  https://www.cnn.com/2019/01/25/politics/congress-reopens-government-shutdown/index.html
  •  The White House announced late Friday that Trump had signed the measure, a three-week stopgap bill that will reopen shuttered parts of the government. The opportunity I see would be allowing the government agencies that were effected by the shutdown to figure out a plan if the shutdown comes back and to give pay back to gov workers so they wouldn't have to take out a loan for a pay just yet.
  •  customers: Government and Federal Workers (FDA, FBI, TSA, etc)
  • I saw this opportunity because I read about all the rippling effects this shutdown had on the country. Less food inspection, Law enforcement working without pay, and Inspections of chemical factories by the EPA are slowed to a stop. It's a mess


1 comment:

  1. Hello! Your commentary on these economic and regulatory articles was insightful. I found it interesting to read about baby boomers continuing to work. Their generation played a massive role in our nation's economy so their work pattern is something to be aware of. I also found it interesting to read about Gainesville's plastic bag ban. The ban is very environmentally conscious and creates a relationship between the community and its legislators. I also think Trump's ban to temporarily reopen the government is interesting because I wonder what sort of deal Congress and Trump can come up with to agree on within the next 3 weeks.

    ReplyDelete

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