Economic Trend #1: "Bitcoin value drops below $8,500"
This information is located on The Verge. Due to the fact that the cryptocurrency market continues to dive down, investors have the opportunity to predict future fluctuations and invest accordingly. The prototypical customer in regards to cryptocurrency investments would be college-aged individuals with disposable income. Because changes in the market are necessarily unpredictable, it is difficult to exploit this opportunity.
I formed the belief that an opportunity exists due to the hype that surrounded cryptocurrencies in late 2017. Unfortunately, due to international regulations, the price of Bitcoin has decreased. However, this opportunity does exist for those that are able to understand that market and data mine.
Economic Trend #2: "The economy added 200000 jobs in January"
This information is located on The Washington Post. An opportunity exists due to the increase in jobs and an increase in the average hourly wage. The prototypical consumer in this situation would have been individuals seeking jobs earlier in the year. I believe the job market is difficult to exploit due to the fact that individuals must seek requirements in order to obtain a job initially.
I formed the belief that an opportunity exists because of the added interest an increased wage creates for an individual. Likewise, an increase of 200000 jobs adds appeal to those seeking employment in the near future.
Regulatory Trends
Regulatory Trend #1: "Tallahassee Mayor Gillum supports legalizing recreational marijuana; other gubernatorial candidates weigh in"
This information is located on The Tallahassee Democrat. According to Gillum, an opportunity exists in the taxation of recreational marijuana. Gillum states, "Legalize it. Tax it. Use the revenue to fix Florida's public schools and move us up from 29th in the nation to #1." The prototypical marijuana consumer would be college-aged. Currently, marijuana is being exploited. Therefore, with the legalization of recreational marijuana, there may still be exploitation, but not as much.
I formed the belief that an opportunity exists because many of my close friends smoke. Due to current regulation, however, they are risking being charged criminally.
Regulatory Trend #2: "Uber, Lyft take pledge to help make cities 'livable'"
This information is located on Crain's New York. An opportunity exists for those associated with driving/riding apps such as Uber and Lyft. Moreover, the opportunity exists for commuters and other drivers. The reason being is that the regulation being imposed attempts will attempt to promote pooled-services over standard services. In turn, this will decrease city congestion leading to more efficient cities. The prototypical consumer will be individuals needing to get from point A to point B in the most efficient way. This opportunity cannot be exploited.
I formed the belief that an opportunity exists because of the number of people that can benefit from this regulation. Most of the congestion comes from individuals driving personal cars. However, if these companies manage to fulfill the regulation, congestion will drop and cities nationwide will become more "livable".
Hey,
ReplyDeleteI found your post fairly interesting. Most of the opportunities you saw are ones that I did not see, and would of been able to come up with on my own. I liked how in some of the articles such as the one about the addition of jobs, you saw an opportunity, but after a bit of consideration realized it might not be easy to exploit. Some opportunities seem good at first glance, but after really thinking things through they end up not being as good as you originally thought.