Today’s Chart of the Day is from the Wall Street Journal. Some things have not gone back to “pre-pandemic” days. One is the percentage of those who continue to work from home.This is evident in the chart by the drop in passenger trips on public transit. The trend is returning but leveling off. According to the article, the result is a 38% decline in the value of office property since before the pandemic. Permanent or transitory? Only time will tell.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.
