Economic
Opportunities
1.
The US economy will remain above
trend
b. I
believe an opportunity exists because there is statistical data that experts interpret
to predict economic growth. There are hard facts to prove there was economic growth
in 2018 and that it was not slowing down at the end of the year, resulting in continuous
growth in 2019.
c.
This
would benefit all American’s that work in the US and make investments,
purchases, etc.
d. This could be relatively easy to exploit because
of the state our Government is currently in, no one can agree on anything. The government
shut down effects the economy, which could result in a decline.
Why: I see this as an opportunity because it is a good time
for entrepreneurs to get in the market. Some would not see it that way because
they would just see it as an increase in the cost of living with the economy booming.
2.
Interest Rates
b.
I
believe this opportunity exists because there is statistical data supporting an
increase in interest rates by .5% but then they will plateau. This is due to a
raise in the federal fund rates. The increase in interest rates also can
correlate with an improving global economy. The rise in interest rates needs to
be stopped or reduced.
c. The
prototypical customer would be anyone the pays interest to mortgage companies, small
lenders, credit card companies, etc.
d.
I
do not think that this is an opportunity that is easily exploitable as interest
rates are set by the government (for the most part) and lenders cannot increase
them on most loans unless the fed’s do.
Why:
I see this as an opportunity to reduce the increase of interest rates or at
least hault it. The last time rates rapidly increased, the economy took a tank.
Regulatory
Opportunities
1.
Minimum Wage Increase in Florida
b.
Florida
minimum wage will increase by $0.21 in 2019 as a Florida Law has passed to put
this into place
c.
The
prototypical customer will be anyone that is working a minimum wage job in Florida.
d. One
could say that minimum wage is exploited and over used by many companies, the
increase will only allow for more companies to reduce positions to minimum wage
to keep cost down.
Why:
I see this as an opportunity because minimum wage workers will get a pay
increase. However, some see this as an issue where it will drive up the cost of
living.
2.
Hospitals will be required to post
prices online in Florida
b.
Hospitals
currently have a list of their standard prices but are not required to post
online for public view. This will require hospitals to post online for easy accessibility.
c.
The
prototypical would be anyone that need to go to the hospital or have a surgery.
d. I
am sure this will be exploited by hospitals as customers will rely on the fees
posted online but the hospitals will have “hidden fees” or manage to up charge
the customer from what is published online.
Why:
This opportunity appeared to me because I have a family member who was recently
hospitalized, and we were trying to estimate what their bill was going to be
but couldn’t.
