On Inflation and Recession

Dear Client: Inflation and the possibility of a crippling recession rivaled even Blue Cloud as a lightning rod issue amongst beer people in Chicago this week at the NBWA Convention, which continued into the Beer Institute's Annual Meeting.  In a panel moderated by the BI's Danelle Kosmal, Credit Suisse Managing Director of Equity Research Kaumil Gajrawala gave his views on how inflation is affecting consumers and consumer goods. The bottom line: It's going to be good, until it isn't. "We