What We're Reading --

Is Inflation Pushing Us to Drink Less Alcohol?

Inflation's effect on drinking alcoholic beverages depends on how much you earn. (The Street)

Earnings Tell The Story For The Duckhorn Portfolio, Inc. (NYSE:NAPA)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 15x, you may consider The Duckhorn Portfolio, Inc. (NYSE:NAPA) as a stock to avoid entirely with its 35x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E. (Simply Wall St.)