America in decline!

The beer anyway, the one formerly known as Budweiser (Ticker: BUD), after RBS Capital Markets downgraded AB InBev to Underperform on Wednesday. Seems they don’t see the SABMiller deal doing all that much for AB InBev. Though perhaps while they’re both focused on this deal they will leave the craft beer brewers alone for a while. While the news dropped Bud’s US shares to $128.07 (a mere .39% decline for the day) they are only down 3.6% from their 52-week high, and they have climbed 5.5% from the post-Brexit low on June 27.

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