BlackRock, Wells Fargo Push Back Return to Office Dates

The transcript discusses the impact of a variant on the economy, highlighting how companies like BlackRock and Wells Fargo are delaying office returns due to rising cases. It explores the implications of working from home on commuting and the future of work. The conversation speculates on the economic structure and infrastructure needed for a stay-at-home recovery, suggesting that the future may differ from previous expectations.

What action did BlackRock take in response to the variant's impact on the economy?

• Accelerated office return plans

• Delayed office return to October

• Closed all offices permanently

• Increased in-office work hours

Which financial institution is mentioned as pushing back its return to office due to rising cases?

• Bank of America

• Citibank

• Wells Fargo

• Goldman Sachs

What is Wall Street's general approach to the situation with the variant?

• Reducing work hours

• Expanding office spaces

• Reviewing the situation

• Ignoring the situation

What is the concept of 'stay at home recovery' referring to?

• A return to traditional office work

• A focus on physical office infrastructure

• An economic recovery with remote work

• A decline in economic activity

How might the future of work differ from previous expectations according to the discussion?

• It will remain unchanged

• It will involve more in-office work

• It will focus solely on physical presence

• It will be very different from what was thought