The unwinding of Covid-19 is still having an impact on the business sector.
Investors have noticed companies have benefitted from the impacts of lockdowns and spikes- and some of their growth is unwinding.
Fisher Funds senior portfolio manager Sam Dickie says retailers that worked a spike in demand during lockdowns into their prices are feeling the 'sting in the tail'.
"A good example of that is the dollar stores in the US- these are companies that benefitted more from these abnormal price rises and that's starting to unwind."
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