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Your Daily Brief For March 22nd

**Diageo**, the world’s biggest spirits maker, [raised](https://www.cnbc.com/2023/01/26/johnnie-walker-maker-diageo-beats-first-half-sales-estimates.html) a toast on Thursday to celebrate its sparkling sales.

**What does this mean?**

Plenty of folk spent the pandemic mixing their own cocktails at home, but that doesn’t mean they went teetotal when restrictions lifted. Quite the opposite: the current cost-of-living crisis seems to be another excuse for a regular liquid pick-me-up. And while the economic slowdown has some trading down for cheaper foods, drinkers actually seem to be quaffing swankier stuff: after all, it was Diageo’s most expensive booze that customers really thirsted for, and sales of the firm’s priciest offerings grew by double-digit percentages in each region. In fact, p

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Diageo Raised A Glass To Sales

Diageo Raised A Glass To Sales

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Your Daily Brief For March 22nd

The Two Big Risks Ahead For US Banks, And What It All Means For Your Portfolio