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

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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

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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

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