Tag Archives | wine sales

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Wine price rises parallel those for crude oil

Many of the blog’s readers have been known to sample the occasional glass of wine. So it thought new research, from the IMF (International Monetary Fund), on the linkage between higher prices for fine wine and crude oil, might be of general interest. The IMF’s researchers wanted to analyse “the causes of extreme fluctuations in […]

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Napa Valley foreclosures rise in ‘new normal’

Further evidence that the West is moving into a ‘new normal’ can be seen in the rising number of Napa Valley wineries facing foreclosures. The concept, adopted by the blog for its recent 2010 Outlook White Paper, suggests that the ‘conspicuous consumption’ seen in the West during the 2003-7 Boom is being replaced by more […]

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