Assignment 6A - Identifying Opportunities in Economic & Regulatory Trends
· Economic Trend: Feds holding off on Interest Rate Increase until June 2019 o Source: https://www.forbes.com/sites/rogeraitken/2019/01/24/u-s-fed-to-hold-off-0-25-rate-hike-until-june-probability-1-in-5/#4bded0c6b1ae o I believe that this is an opportunity because it allows people to borrow money earlier in the year without having to pay the extreme interest rate increase. Holding off on the interest rate increase would allow more people to either a) make large purchases, such as a car, a house, a mortgage, etc., or b) it would allow people to pay off objects that require them to pay interest, such as student loans, mortgages, etc. o The prototypical customer is someone in day-to-day life that has expenses that they need to pay off, especially while the interest rate is still low. This affects a wide range of people across the nation. o I think this is relatively easy to explo...