Friday, September 20, 2019

6A-Identifying Opportunities in Economic & Regulatory Trends

Part 1) The Opportunities:

Economic Trends:
1. Climate change causing increasing food prices:
Increases in global temperatures result in an increase in most food costs as corn and soybean yields are drastically reduced when the temperature exceeds 84° Fahrenheit
a) The balance
b) Higher food prices will increase demand
c) Most consumers would be affected, most particularly restaurants and places that purchase large amounts of food
d) This would be an easy opportunity to exploit as this affects all people who consume food of this type

My biotech experience allowed me to see this opportunity based on my knowledge of how the food industry has incorporated corn or soybeans in most things you can find on a supermarket shelf.

2. Leveling Interest rates:
The Federal Reserve has kept inflation at its 2% target and has elected not to raise rates until 2021
a) The federal reserve
b) Lower interest rates mean more loans can be taken out and repaid
c) Entrepreneurs and small business owners benefit most from this
d) loans are a constant need for the economic world and thus this would ve an easy opportunity to exploit

As a student with debt to the federal government myself, my college experience allowed me to have a personal connection to this opportunity.

Regulatory Trends:
1. Medicinal Marijuana
a) 2016 referendum
b) Medicinal use in many states has led to recreational legalization
c) Medical patients and potential recreational users are the Prototypical customers
d) This opportunity may be more difficult to exploit since only medicinal is currently legal

My experience in researching marijuana laws for debate has allowed me to notice the short following recreational legalization that often follows medicinal legalization

2. Small business organization act of 2019
a) congress.gov
b) Re-organizing small businesses, making it easier to repay debt will allow for current small businesses to thrive and more small businesses to be created
c) Entrepreneurs and small-business owners are the prototypical customers
d) This would likely be easy to exploit since most small businesses are in debt

I often hear much of how small businesses stimulate the economy, so the limited economics knowledge I have brought me to believe in this opportunity.

3 comments:

  1. Hi Brandon! I think you did a great job identifying opportunities in economic and regulatory trends! You made great points but one that stuck out to me was the first one about climate change causing increase food prices. I believe this is something that needs to be fixed because it is affecting all people. Overall you did a great job and made valid points.

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  2. Hey Brandon, great post. You found some great topics that are major issues in our country right now. I found most of these topics as well when I started my research for this assignment. They are always in the news, and could be places of opportunity for entrepreneurs. You did a great job explaining everything and had a very informative post.

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  3. Hey Brandon,
    I really enjoyed reading this blog post and I think that you did a really good job. I found all of the topics you included to be really interesting. The topic that was most interesting to me is the first one, about climate change. I also discussed the negative effects of climate change in my blog post. Overall, you did a really great job explaining each topic and with the format of this blog.

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