Drinkers Are Staging A Great Rotation Out Of Beer

Much has been made about a “Great Rotation” in the financial markets, which suggests money is coming out of bonds and into stocks.

But it looks like the real Great Rotation has been out of beer and into wine and spirits.

Ángel Martín Oro points us to this chart from The Daily Reckoning:

Beer, wine, and spirits consumption per capita

Photo: The Daily Reckoning

Recently, bourbon manufacturer Maker’s Mark announced it would be lowering the alcohol content in its drink to meet high demand.

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