Economic and Regulatory Opportunities
1.) The house market is facing a potential problem (economic)
https://www.businessinsider.com/falling-home-sales-could-signal-us-recession-2019-1?utm_source=reddit.com
According to Business Insider headline, "Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing," the housing market could experience a serious problem. In 2008, the United States of America saw a serious crash in the housing market. In this case, the amount of homes bought in 2018 decreased, especially in the final economic quarter. This event has impacted mortgage lenders hard. Opportunity arises with the potential for potential homeowners to see houses being sold for lower prices, as houses are estimated at lower values. This opportunity could be difficult to exploit because houses are major purchases. I saw this opportunity because I personally am looking for houses frequently, and I have noticed the trend identified in this article through my own research.
2.) Why a carbon tax won’t cause a recession (regulatory)
https://www.macleans.ca/opinion/why-a-carbon-tax-wont-cause-a-recession/
The Canadian publisher, "Macleans" identifies the reasons why a federal tax on carbon will not cause economic recession. Opportunity lies in the aspect of clean air for the benefit of the planet. Carbon tax would push energy firms to switch to cleaner energy. The customers of this opportunity would be energy firms and residents that switch to renewable energy. This opportunity will be easy to exploit because the changes towards renewable energy are evidently and morally beneficial. I identified opportunity here because the use of carbon fuels is old-fashioned and illogical.
3.) Italian economy slowly on the brink of recession (economic)
https://listenitaly.com/2019/01/25/italian-economy-slowly-on-the-brink-of-recession/
The Italian economy is facing an economic crises as their public debt increases and GDP decreases. Opportunity for the Italian economy can come from technological innovation and higher levels of export. This opportunity could be easy for Italy because they have very notable positions specialized markets. I identified this opportunity because Italy is a historic country that is capable of obtaining resources to potentially be a world superpower.
4.) Google Is Fined $57 Million Under Europe’s Data Privacy Law (regulatory)
https://www.nytimes.com/2019/01/21/technology/google-europe-gdpr-fine.html?rref=collection%2Ftimestopic%2FRegulation%20and%20Deregulation%20of%20Industry&action=click&contentCollection=timestopics®ion=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=collection
Tech giant Google has been fined heavily for failing to comply with Europe's data privacy laws. Opportunity for this event lies with increase implementation of cyber security and internet safety to meet regulatory standards. This change could be easily done by Google as they have the financial capital and resources. I noticed this opportunity because the field of information technology is growing rapidly around the world.
Alex, I really enjoyed your articles. I particularly liked how you focused on international issues, like the one regarding the Italian economy. However, whenever dealing with solutions and problems on an international scale, it is much more difficult to address and solve them. I agree that Italy could potentially be a world superpower. At the moment, though, it is not looking too great.
ReplyDeleteI liked the article about housing market! Housing market has always been an indicator on how the economy is doing overall. Except for February, 2018 the housing sales dropped significantly especially in metropolitan markets. Housing economists are looking at the Super Bowl to see how the housing market will be for this year. I don’t know how the housing market and Super Bowl are related but its going to be interesting to see the outcome.
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