Recession Aftermath: What to Expect?

Dear Client:Kaumil Gajrawala, an analyst at UBS, and Danny Brager, vp of client service at Nielsen’s beverage alcohol division, attempted to answer the question: “Is alcohol recession proof?” during a panel at NABCA. The answer, as we’ve all come to learn, is no. It’s not recession proof but largely resistant and fairing much better than other industries.RECESSION FROM AN INVESTMENT PERSPECTIVE: PAST AND PRESENTTwo years ago when Kaumil spoke at the NABCA’s annual event in Palm Springs, the industry was