Market Ethos - What's next?

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Investing is all about trying to figure out what is likely going to happen next.  While a daunting task, sometimes what happens next is a bit easier to see.  In this case, retail sales have exploded to unseen levels thanks to stimulus and changed behaviours during the pandemic.  As stimulus begins to fade and the re-opening continues, this may reverse leaving, posing a threat to sectors that have been riding high on consumers spend spend behaviour. 

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