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Thursday, October 16, 2014 4:17:45 AM
http://www.marketwatch.com/story/diageo-sales-drop-amid-weak-us-demand-2014-10-16-348578?link=MW_latest_news
Why has the world suddenly gone on the wagon? Well as far as I know no country has set up prohibition, so it must be the global consumer can't afford their spirits...forced to buy such inferior substitutes as milk.
Booze is a classic normal good, so when the 'Manhattan Index' points down virtually around the world look out below.
Shame, in times like these it would be nice to afford going through life a little blurry-eyed.
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