Not a good day for the macros

and

https://www.bloomberg.com/news/articles/2019-10-25/ab-inbev-profit-growth-grinds-to-halt-on-chinese-u-s-slowdown

I especially like this bit:

“In China, new restrictions curbing the sale of alcoholic drinks after 2 a.m. have weighed on the industry.”

Whatever will happen to out macro beer owned website. I am sure the Indian fines will be just a drop in the bucket though…

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After 2 am? Really? Who buys alcohol after 2 am?

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Yeah, my thoughts exactly. It seems a strange hour to stop selling alcohol, 10 or 11 pm would make more sense. Then again, I don’t know China very well.

China is huge but only has one time zone. In some parts of the country this legislation may make sense.