Richmond Fed President Barkin Says Ultimate Balance Of Working From Home Versus Office Being Determined In The Marketplace, Still Early In The Process
Portfolio Pulse from Benzinga Newsdesk
Richmond Fed President Barkin stated that the ultimate balance between working from home and office is still being determined in the marketplace, and it is early in the process.
May 22, 2023 | 4:10 pm
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NEUTRAL IMPACT
The ongoing balance between remote work and office space may impact the broader market, including the SPY ETF, as companies adapt to new working conditions.
As the balance between remote work and office space is still being determined, it may have an indirect impact on the broader market, including the SPY ETF. Companies will need to adapt to new working conditions, which could affect their performance and, in turn, the ETF's performance. However, the impact is uncertain and may not be significant in the short term.
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RELEVANCE 50