Consumers tapped out

Beer companies, like Anheuser-Busch, MillerCoors, Constellation Brands and Pabst Brewing, have recently made significant cuts to their respective workforces, in response to slowing sales.Brewbound is reporting that Heineken USA (HUSA) is the latest mass-market beer maker to announce significant layoffs.

Consumption drop when interest charges rise.  Whatever the cause effect, they go together. If the ten year pops much higher, house drops fast than otherwise, and it is dropping now.