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They come out and they stay out until about like midnight 1 a.m.

And then they all go home.

And then we're just stuck with an empty bar at the end of the night.

Hello and welcome to the Barron Streetwise podcast.

I'm Jack Howe.

And the voice you just heard is Namdi Ananwezi.

He's a co-manager at Ethel and Tank, which is a college bar.

It's in Columbus, Ohio, right at Ohio State University.

And as Namdi says, it's not quite as bustling as it once was.

And it's not just Ethel and Tank, and it's not just Columbus.

It's not even just

bars. It's alcohol sales pretty much everywhere. Alcohol has fallen into broad decline.

Young people are leading the way. Share prices of brewers and vintners and distillers are plunging

in response.

This is not just about dry January.

It's not just about cannabis or the Surgeon General's warning on alcohol.

...