6A: Identifying Opportunities in Economic & Regulatory Trends
Strengthening Global Demand
https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends
I found this source from an article that discussed six key economic trends in 2018, and certain trends, like this one, led me to believe an opportunity came with it.
Strengthening of Global Demand is great news for American businesses. Wealthy European and Japanese Consumers represent a large market for US exports, and American goods are becoming more competitive overseas. "Global GDP is projected to expand at a 4 percent rate in 2018, up from the 3.75 percent estimate for 2017." This opportunity is strong for American businesses as well as American workers. This allows for Americans to create jobs and new products, as they are now in higher demand.
The prototypical consumer seems to be overseas customers. Wealthy European and Japanese consumers were mentioned frequently, but the overseas market in general.
This opportunity could either be easy or difficult to approach depending on where you stand. If you're a business that already maintains connections with overseas consumers, you are likely to create a low of business, and potentially jobs for Americans. Businesses that would just be starting up have the opportunity to grow very successful, but without a foothold overseas, there are no promises.
I see the opportunity is this instance because the article made it very clear to me that the opportunity exists. I guess the reason why this one stuck out to me is because growing up as a kid, I saw so much of the "Made in China" labels on my items, it's refreshing to know that the US is becoming more competitive in the market, and that we are desired to do so.
Fading Energy Drags
https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends
I found this source from an article that discussed six key economic trends in 2018, and certain trends, like this one, led me to believe an opportunity came with it.
As oil prices stabilize and drilling is resurged within America, capital spending should boost within oil patch towns. The world's demand for fuel is growing and is expected to keep energy prices firm in the coming year. This again is another opportunity for jobs as well as potential oil drilling businesses.
The prototypical consumer is just about every American as well as the world when it comes to demand for oil. High demand of oil will generate capital spending as well as create jobs overtime within this industry.
This opportunity is relatively easy in my opinion because just about every American requires oil in some way, so the demand for oil remains pretty constant at all times.
I personally see an opportunity with this case because my family happens to own a few drilling sites. Just a small way to make money, I've spoken to my dad at times about our drilling sites and how well they've been doing for our family. It's exciting to know that drilling has began to resurge and we'll be seeing success very soon.
State Marijuana Laws in 2018 Map
http://www.governing.com/gov-data/safety-justice/state-marijuana-laws-map-medical-recreational.html
I found this source on a website that discusses government regulations, and with this specific government regulation, I believe many opportunities exist.
I believe opportunities of many kinds exist with the enactment of this regulation. Legalization of marijuana will be just as big as legalization of alcohol in my opinion. There's already a completely existent underground market, and permission for such a market to come to the surface will be a huge deal. Whether edibles or marijuana in general, this regulation creates opportunities for a world of businesses as well as job opportunities.
I think customers exist for this opportunity all over the US, and many of them already exist illegally. Your typical weed smoker, edible consumer, or just about anyone who enjoys cannabis will be a consumer, if something like this is made legal.
I think the opportunity is extremely easy to exploit, as long as it is made legal, and by all states. The idea of recreational use being legal in only certain areas causes a lot of legal issues.
I'll be honest, as a college student, this opportunity definitely exists for me and many of my friends. There are PLENTY of people who purchase marijuana illegally, so if it were to become legal for recreational use, this industry would absolutely BOOM.
New School Year, New Mental Health Lessons: 2 States Now Require It
http://www.governing.com/topics/education/gov-mental-health-education-new-york-virginia.html
I found this source on a website that discusses government regulations, and with this specific government regulation, I believe many opportunities exist.
I believe the requirement of mental health lessons in 2 states creates many opportunities of how to teach these mental health lessons. Whether the creation of textbooks, a new application on phones, or jobs all together, the creation of a requirement in schools provides businesses with many job opportunities.
The typical consumer with this opportunity is likely school boards. I assume that school boards will be enacting this system into their curriculum, and they will be in the market to buy the next best method for teaching students about mental health.
I think this opportunity is definitely a touchy subject, and needs to be approached appropriately, but it's also a great opportunity.
I think the reason why this opportunity really hit home for me is because I live very close to where the recent shooting happened at Stoneman Douglas. Part of me wishes there was something I could do to improve mental health and make people more aware of it, and I'm hoping that states requiring lessons about it can improve our state of mind on the topic.
https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends
I found this source from an article that discussed six key economic trends in 2018, and certain trends, like this one, led me to believe an opportunity came with it.
Strengthening of Global Demand is great news for American businesses. Wealthy European and Japanese Consumers represent a large market for US exports, and American goods are becoming more competitive overseas. "Global GDP is projected to expand at a 4 percent rate in 2018, up from the 3.75 percent estimate for 2017." This opportunity is strong for American businesses as well as American workers. This allows for Americans to create jobs and new products, as they are now in higher demand.
The prototypical consumer seems to be overseas customers. Wealthy European and Japanese consumers were mentioned frequently, but the overseas market in general.
This opportunity could either be easy or difficult to approach depending on where you stand. If you're a business that already maintains connections with overseas consumers, you are likely to create a low of business, and potentially jobs for Americans. Businesses that would just be starting up have the opportunity to grow very successful, but without a foothold overseas, there are no promises.
I see the opportunity is this instance because the article made it very clear to me that the opportunity exists. I guess the reason why this one stuck out to me is because growing up as a kid, I saw so much of the "Made in China" labels on my items, it's refreshing to know that the US is becoming more competitive in the market, and that we are desired to do so.
Fading Energy Drags
https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends
I found this source from an article that discussed six key economic trends in 2018, and certain trends, like this one, led me to believe an opportunity came with it.
As oil prices stabilize and drilling is resurged within America, capital spending should boost within oil patch towns. The world's demand for fuel is growing and is expected to keep energy prices firm in the coming year. This again is another opportunity for jobs as well as potential oil drilling businesses.
The prototypical consumer is just about every American as well as the world when it comes to demand for oil. High demand of oil will generate capital spending as well as create jobs overtime within this industry.
This opportunity is relatively easy in my opinion because just about every American requires oil in some way, so the demand for oil remains pretty constant at all times.
I personally see an opportunity with this case because my family happens to own a few drilling sites. Just a small way to make money, I've spoken to my dad at times about our drilling sites and how well they've been doing for our family. It's exciting to know that drilling has began to resurge and we'll be seeing success very soon.
State Marijuana Laws in 2018 Map
http://www.governing.com/gov-data/safety-justice/state-marijuana-laws-map-medical-recreational.html
I found this source on a website that discusses government regulations, and with this specific government regulation, I believe many opportunities exist.
I believe opportunities of many kinds exist with the enactment of this regulation. Legalization of marijuana will be just as big as legalization of alcohol in my opinion. There's already a completely existent underground market, and permission for such a market to come to the surface will be a huge deal. Whether edibles or marijuana in general, this regulation creates opportunities for a world of businesses as well as job opportunities.
I think customers exist for this opportunity all over the US, and many of them already exist illegally. Your typical weed smoker, edible consumer, or just about anyone who enjoys cannabis will be a consumer, if something like this is made legal.
I think the opportunity is extremely easy to exploit, as long as it is made legal, and by all states. The idea of recreational use being legal in only certain areas causes a lot of legal issues.
I'll be honest, as a college student, this opportunity definitely exists for me and many of my friends. There are PLENTY of people who purchase marijuana illegally, so if it were to become legal for recreational use, this industry would absolutely BOOM.
New School Year, New Mental Health Lessons: 2 States Now Require It
http://www.governing.com/topics/education/gov-mental-health-education-new-york-virginia.html
I found this source on a website that discusses government regulations, and with this specific government regulation, I believe many opportunities exist.
I believe the requirement of mental health lessons in 2 states creates many opportunities of how to teach these mental health lessons. Whether the creation of textbooks, a new application on phones, or jobs all together, the creation of a requirement in schools provides businesses with many job opportunities.
The typical consumer with this opportunity is likely school boards. I assume that school boards will be enacting this system into their curriculum, and they will be in the market to buy the next best method for teaching students about mental health.
I think this opportunity is definitely a touchy subject, and needs to be approached appropriately, but it's also a great opportunity.
I think the reason why this opportunity really hit home for me is because I live very close to where the recent shooting happened at Stoneman Douglas. Part of me wishes there was something I could do to improve mental health and make people more aware of it, and I'm hoping that states requiring lessons about it can improve our state of mind on the topic.
Hi Kasey - I hope you are doing well. You did a really great job on this assignment, as you covered two economic events and two regulatory events. I thought that the article about the mental health awareness in schools was really interesting, especially with all of the school shootings/suicides/other problems that many public schools have been facing in the past few years. Overall, great job!
ReplyDeleteHello Kasey, as well as you, I found very good news to read about in the article "6 Key Economic Trends in 2018." Although I decided to analyze other news, the two economic news that you talk about are perfect for this type of assignment. Great job on finding these opportunities, I'm sure most of the people would not see them as clear as you.
ReplyDeleteHey Kasey. I found your articles quite interesting. As you and Angelo did, I also used "6 Key Economic Trends in 2018" , but utilized a different trend. I found the legalization of marijuana the most captivating since, as you mentioned, it can be as large as the alcohol business. The amount of profit this regulation could generate can be tremendous. Overall, you found great economic and regulation trends that could create various opportunities.
ReplyDelete