Total Wealth Insider editor Jeff Yastine has made another prediction for the finance sector. While he is known for his bold predictions he is often times right, as he has more than 20 years of stock market and financial journalism experience. The most recent involves technology. He recently published an article where he writes about what he believes to be the next up-and-coming tech industry. He thinks the industry has become stagnate and is due for a major change. The change he alludes comes in the form of regulatory technology or “regtech.” With all the new regulations and rules placed on businesses each year the need for regtech is at an all time high.
According to Jeff Yastine Regtech is a major investment opportunity. it utilizes cutting edge technology such as artificial intelligence that allows companies to cut regulatory costs. Jeff isn’t the only one who believes strongly in the potential of regtech as Bain & Co. reported the emergence of 80 new regtech companies last year. This year is expected to produce even more. Where regtech can gain it’s initial footing is the banking and insurance industry. The reason why is both industries are highly regulated. Regtech would greatly increase their overall profit margins. Read more about Jeff Yastine at Bloomberg
The fact is that plenty of retailers have already figured out how to “do” online sales. A rare retail opportunity is presenting itself.#RetailStocks #Stocks #StockMarket #Investing #Opportunity #BanyanHill #TotalWealthInsiderhttps://t.co/F1GJPFM80O
— Jeff Yastine (@Jeff_Y_Guru) February 13, 2018
Jeff Yastine advises people to be patient and wait for those 80 companies to pass the startup phase. Once this happens and they really begin to grow then investors will be able to take advantage of the opportunity.
Like anyone else Jeff has doubters, but luckily he usually proves them wrong. As an expert in all aspects of the financial sector his advice is advice you can trust. He thoroughly researches each investment opportunity so that his investment suggestions are reliable and sustainable. He joined Banyan Hill Publishing to fullfill his passion of helping people invest. He has been writing for the publication’s “Winning Investor Daily” and “Sovereign Investor Daily” for three years.
Jeff is the former Sr. Correspondent for the Nightly Business Report on PBS. He worked at PBS for nearly 20 years before leaving to take a the position of editorial director at the Oxford Club.