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#1 Technological growth within the US looks to be continuing throughout the summer. Energy prices look to be going up a tad, but that seems evident with technological fluctuations and advancement as we are getting closer to 2020. Being in the Tampa area, it is a hot bed for technological innovation and progression. Software companies that are simplifying processes in healthcare and finance sectors will affect the US stock market going into 2020. A. I found this information in CNBC. B. Me living in the Tampa, Florida area, where this high technological growth gravitated me toward this article and make me believe it. C. The Healthcare industry will be the primary customer of the technological innovation. D. Difficult to exploit because tech is always changing.
#2 Domestic growth is continuing as well. According to CNBC payroll report shows a gain of 223,000 in May. Well above market expectations of 188,000 while the unemployment rate has hit an 18 year low in the US at 3.8%. We are not only fostering jobs in the technology, healthcare, finance industries which are all sustainable and having incremental growth. But labor jobs, trade jobs are in high demand and are being created which is overall great for the U.S economy. A. I found this on CNBC. B. Me seeing the growth of infrastructure in downtown areas in the US. C. Company's that provide services will be the customer because they need the space. D. Easy to exploit because competition can emerge.
#3 Consumer Protection Initiatives in the Banking industry
Uncertainty in risk and compliance will be a significant challenge in the banking industry. Consumer protection initiatives could help prevent fraud, enforcement of fines, and social media attacks. A. I found this on Deloitte. B. Me being a finance major in the past has attracted me toward news in the industry. C. the Customers of the large financial institutions. D. Difficult to exploit because of regulations already in place.
#4 Regulatory change in Healthcare
California proposal to regulate healthcare rates. A. Found this article on"HealthcareLawtoday" B. Me being interested in Healthcare. C. the patients of physicians and hospitals in the ambulatory sector. D. Easy to exploit because its healthcare and pretty straightforward.
Hi Cody, great post. As someone with a strong interest in the technology industry the information that you found on technological change in the U.S. was a fun read. Finding that this change is present in your area must be interesting definitely something to look into, considering I live a few hours away from Tampa. Consumer protection in banking is also interesting, I wonder how that may change banking with banks facing these problems, such as Wells Fargo.
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