Tag Archives: defying

Beer is defying the economic slowdown, AB-InBev CEO says

Beer is defying the economic slowdown, AB-InBev CEO says

Economic slowdowns around the world hasn’t yet led to beer sales going flat for mega-brewer AB-InBev. “I think that demand is holding,” AB-InBev CEO Michel Doukeris said on Yahoo Finance Live (video above). “Beer as a category is very resilient.” AB-InBev produces everything from good old affordable Bud Light to more premium priced non-beers such as CutWater. Doukeris says not only haven’t beer sales waned this year, consumers don’t appear to be trading down to cheaper alternatives. “Not yet —… Source link

Read More »

S&P 500 Is Defying Skeptics on Run Toward Record, Charts Show

S&P 500 Is Defying Skeptics on Run Toward Record, Charts Show

(Bloomberg) — A hawkish Federal Reserve, high inflation, war and pestilence are among the reasons to doubt the U.S. stock market rebound. Technical studies suggest such naysayers risk missing out on a run to a record high. Most Read from Bloomberg Skeptics are presently fixated on proliferating inversions across the Treasury yield curve, where shorter-term yields exceed those for longer tenors. Some view that as a harbinger of an economic downturn that will hurt stocks. While bear markets tend… Source link

Read More »

Celebrity chef vows to keep outdoor dining open, defying California's lockdown order – Yahoo Finance

Celebrity chef vows to keep outdoor dining open, defying California's lockdown order – Yahoo Finance

TipRanks Goldman Sachs Picks 2 Electric Car Stocks to Buy (And 1 to Watch) Reducing carbon emissions is all the vogue among the green policy wonks these days, and whether you believe in the efficacy of those policies or not, one thing is undeniable: they will have an impact on your daily life. Specifically, they will impact the cars you drive – and probably your fuel and electric bills as well.It’s no secret that the Trump Administration has favored the oil and gas industry, and in fact,… Source link

Read More »