1 Brynjolfsson, Erik, et al. “COVID-19 and Remote Work: An Early Look at U.S. Data.” National Bureau of Economic Research. June 2020
2 IBM, “COVID-19 is Significantly Altering U.S. Consumer Behavior and Plans Post-Crisis”, May 1, 2020
3 Census Bureau, BofA Global Research, Data as of June 2020.
Information is as of 08/28/2020.
Opinions are those of the author(s), as of the date of this document and are subject to change.
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The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (“Bank of America”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S” or “Merrill”), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation.
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