The 2020s Will Bring Massive Change. Why Society Might Not Be Ready.

The 2020s Will Bring Massive Change. Why Society Might Not Be Ready.
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We haven’t seen anything yet. That’s the message from Haim Israel, who has spent the past six years imagining the future for Bank of America and divining its investment implications. The Jerusalem-based strategist recently unveiled his outlook for the 2020s. The coming decade, he says, is likely to produce greater change than any previous one, because technology is causing trends to unfold at an accelerating pace.

Israel, 47, draws on the work of about 700 BofA securities analysts as well as four other thematic research analysts at the firm. At home, he has another four-person team, namely his children, ranging from 8 years old to 17. “They are the No. 1 resources,” Israel says. “They think very differently.” Israel asks them about trends like e-sports or social-media app TikTok, and what they think about the job market, education, banking, and the world. We sat down with…

Source: Barron’s

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