It’s going to be an interesting period.

• Reopening themes will return stronger
• Commodities may still continue their run
• Bad debt is going through the roof, this latest wave was a proper nail in the coffin to the last standing few, that haven’t adjusted their business models.
• Anyone else notice the strong performance of the MAI over the past 12 months?

Despite my tone sounding rather negative I’ll give a few good things out there.

• The recovery will be far sharper than people realise.
• I know independent F&B’s that are rocking and rolling, they went online quickly, used social media well and are beating the chains. This applies to several private businesses. Opportunities are there.