Joseph Gabelli, a portfolio manager at spirits investor Gabelli Funds, said the U.S. trading raises questions over whether spirits makers” bid to shift drinkers to pricier brands could deliver sales at the same rate as it had in the past.

Joseph Gabelli, a portfolio manager at spirits investor Gabelli Funds, said the U.S. trading raises questions over whether spirits makers” bid to shift drinkers to pricier brands could deliver sales at the same rate as it had in the past.