B of A: “.. eCommerce growth decelerates as stimulus benefit fades .. 2Q’21 will see a significant deceleration, especially if the declining W/W trend continues .. Online Grocery and Restaurant seeing largest decel in April.”
Further articles on the same subject
Online Grocery Restaurant / April
Today is the first day of MCO 3.0 lockdown, they say. From 12 May to 7 June, they say..
Signs of inflation emerge as Chinese producer prices leap
UK GDP in Q1 fell 1.5%, after the second lockdown... driven by hits to household consumption and investment, but rebound had already begun by end of that quarter in March as restrictions lifted - growth of 2.1%.
After the massive drop in Taiwan stocks this week, valuations went from "frothy" back to near the 10-year average.