1. Saudi Oil Attack Is Unlikely to Dent U.S. Economy
- I found this article in the Wall Street Journal. I see a growing opportunity for Green energy to rise in China and Japan. The attack on the Saudi oil could cause some serious economic repercussions in Japan and China. These countries rely on importing their energy and could see a sharp increase in energy prices. The need to rely more on Green energy is constantly increasing.
- Residents and power supplying companies are the customers to this opportunity. They are going to have to decide whether to pay higher energy prices and continually harm the environment or resort to cleaner and more efficient energy. The necessity for Green energy is only increasing as we deplete our resources.
- This opportunity may be extremely difficult to exploit considering the cost to develop and research Green energy right now in the wake of the oil attack. Already relying on importing energy, China and Japan may not have the funds or resources necessary to make a big step toward Green energy.
- I formed this belief because of our undeniable necessity to use alternative resources that will not harm our environment or eventually be completely exhausted.
2. Your Parents’ Financial Advice Is (Kind Of) Wrong
- I was sent this article by my mother. This article expresses the growing concern for people that had a plan to buy a home. Changes in real estate prices and policies have caused the way people acquire housing significantly in the last 50 years. This information reveals an opportunity for our generation to rethink the plans we may have had for acquiring housing.
- The customers of this opportunity are the current and future generations.
- This opportunity may be difficult to exploit because of a rapid increase in real estate pricing. An example is the down payment rising from 10% to 20%.
- I formed this belief because all people eventually need somewhere to live. Knowing the best way to save and buy a house will make it easier to achieve. This article even explained the benefits or not buying a house in certain situations and renting property instead. I was raised with the idea that I would someday buy my own home in my 20s or 30s but now I may need to rethink my plan.
Regulatory
3. Purdue Pharma Looks to Extend Bankruptcy Shield to Sacklers
- I originally heard about this event at work in the pharmacy. This company is taking the blame for a large part of the opioid epidemic. This company is being forced to file for bankruptcy, this is an opportunity for another pharmaceutical company to step up and do things correctly. There is a huge need for these types of medications in healthcare. This opportunity exists because of the opening that is going to be created by the fall of this company.
- The customers of this opportunity are the other competing pharmaceutical companies. They will have an even larger responsibility now to ensure they don't make the same mistake.
- This opportunity may be difficult to exploit because of the huge crackdown on opioid laws and regulations.
- I formed this belief because I currently work in the pharmacy and have seen the repercussions of the opioid epidemic to patients firsthand. Others may not see this opportunity because they aren't openly being told who is receiving these medications due to various protected health information laws.
4. Crypto Firms Assess How to Comply With Anti-Money-Laundering Standards
- I discovered this article on the Wall Street Journal. There is an opportunity to design a secure information system that will be used by institutions to send customer data. The fact that current compliance officers are saying that there is no such technology that exists right now leads me to the belief that this is a huge chance for software and information system designers.
- The customers of this opportunity are the crypto firms that are being required to share this information and currently don't have a way to.
- This opportunity is going to be difficult to exploit because they have no system that currently exists to use or work from. They know what is required of them by law, but they are still unsure of what methods to take.
- I formed this belief because the compliance officer directly stated that no method currently exists. This is a chance for someone to design a system that will stay in the confines of the law and satisfy the company's needs. My cousin introduced me to crypto currencies, and I have paid special attention to them since.
Hello Matt, you identified some great opportunities in your post. I enjoyed your first article on economic trends regarding the necessity for Green energy in China and Japan. It may be true that this opportunity will be expensive, but it ultimately seems like the smarter choice for consumers and the environment. Also, providing software for preventing money-laundering to crypto firms sounds like a good opportunity especially because this technology doesn't currently exist.
ReplyDeleteHi Matt!
ReplyDeleteI enjoyed reading your findings. And I like how you organized your articles. It makes it easier to read and understand. So that was a great addition to your post.
I found your second article on real estate to be quite interesting. I agree with how economic change has made it different and more challenging to acquire housing. So what might have worked in the early 1950s to 60s is incredibly different now. Not only with economic change, but also social norms have also changed. We see it every day in politics, the idea of making housing more affordable.
I hoped that you would have provided links to your articles. This way we could read them for ourselves. But other than that, you have done all aspects of this assignment. Great work!