Beer Fortunes, Our Fortunes

Economics doesn't have to be the "dismal science." The analysts on staff at QN have long noted a correlation between the price of Negra Modelo beer and the price of fuel, and the inverse correlation of beer prices with good news.  In the last two years, the retail price of a six-pack has gone from less than $6 to a high of $7.99, following closely the upward price pressure on gasoline.  We see signs, however that this trend is about to be reversed.  Forget China's burgeoning economy, forget the billowing smoke over the Iraqi pipelines; consider this:

• Tony Garza, ambassador to Mexico, announces his engagement to beer exec/heiress Maria Asuncion Aramburuzabala, who heads Grupo Modelo, maker of corona and Negra Modelo beer.
• On the same day, Iraq holds its first elections which are deemed by one and all (except Janeane Garafalo) to be a good thing.

Three days before President Bush (who is a good friend of the fiance of the head of Grupo Modelo, Maria Asuncion Aramburuzabala) is due to leave for Europe, Negra Modelo goes on sale for $6.49:

• Jacques Chirac joins Bush to pressure Syria to get out of Lebanon;
• China pressures North Korea to rejoin six-party talks;
• Russia declares Ukraine, Georgia free from Russian orbit;
  
• The price of gasoline a t the pump steadily goes down, dropping $0.05 in one week
• Paris Hilton interns at a mortuary (we just thought we'd throw that in)

Sale ends tomorrow.  QN is taking advantage of this favorable market to replenish strategic beer reserves.

Update on Wednesday, February 23, 2005 at 09:05AM by bbmoe

Dow closed down, yesterday, oil closed up and Negra Modelo back above $7.00 a six-pack.  QN is waiting for news of the break up of Tony Garza and Maria Asuncion Aramburuzabala.