Identifying Opportunities in Economic and Regulatory Trends

Identifying Opportunities in Economic and Regulatory Trends

Economic Trend: Climate Change Is Causing More Natural Disasters

• https://www.thebalance.com/top-usa-future-economic-trends-3305666
• The data given in the article listed above show that there is a trend of increased severity and frequency of extreme weather events. The data talks about the highest number of forest fires in the past 10,000 years as well as floods occurring along the coast at 3 to 9 times higher than 50 years ago. This trend causes soybean and corn production to plummet when the temperature rises above 84 degrees.
• Farmers are the primary prototypical customer. However, increased food prices affect all people and require all people to combat the problem.
• Due to the political climate of today, I believe this opportunity will be difficult to address due to the polarization of American politics.
• I saw this opportunity because it is a hot topic in the news right now. I believe climate change needs to be addressed on a global level.

Economic Trend: Baby Boomers Aren't Retiring

• https://www.thebalance.com/top-usa-future-economic-trends-3305666
• The data in the article I believe clearly shows an opportunity based on the trend of baby boomers not retiring. Many older people were affected by the recession of 2008 and have since had to take up work again. Due to the recession, older folks find it necessary to have a steady income in case another recession occurs.
•  The prototypical customer would be younger Millenials due to older folks not leaving the workforce.
• I believe there is a good chance to exploit this opportunity. Young people tend to have the time and means to get a better education to rise above the older crowd.
• This opportunity was made aware to me because I have seen the increased amount of older people in the workforce. Personally, I've worked alongside older people at retirement age.

Regulatory Trend: Cybersecurity a serious threat to human civilization

• https://ext-marketing.com/marketing-articles/u-s-regulatory-trends-2019-and-beyond/
• There is an opportunity to pass cybersecurity laws to help those in the cybersecurity industry based on the increased amount of cybersecurity attacks from China and Russia. Cybersecurity is most important in the financial industry due to extremely sensitive information at risk.
• The prototypical customer would be those with sensitive information at risk. As well as Financial institutions protecting user data. 
• There is a good chance of this opportunity being exploited. There is a need for regulation in the cyber industry to improve ways of fighting against Cyber threats.
• This opportunity is a well-known issue in today's media. I have been hacked and know the importance of cybersecurity  With the increasing amount of attacks and increased severity, I believe we need to address this opportunity.

Regulatory Trend: Tales from the cryptocurrency

• https://ext-marketing.com/marketing-articles/u-s-regulatory-trends-2019-and-beyond/
• Cryptocurrencies are on the rise in America. Issues have been raised regarding the legitimacy of the e currency. E currencies have been used with illegal money and transactions. There is an opportunity to regulate the cryptocurrency market.
• The Prototypical customer would be any person interested in a safer alternative to cash or card.
• There is a moderate chance of regulating cybersecurity due to a lot of the hype surrounding e-currency being lowered.
• The opportunity has always been an interest of mine due to the hype surrounding the cryptocurrency explosion. I think if the industry wants to survive, we should strive for a safer and more stable cryptocurrency.