Bordeaux Rare Wine Market Comes Roaring Back!
- 32.5% of the wines valued showed a positive return, while 24.6% showed a negative return and 42.9% remained the same.
- 84.1% of our portfolio is Bordeaux while 15.9% is Champagne and Rhone Valley.
- The overall change for ALL the wines valued this month was +2.916%
Below are the five, top and bottom movers compared to the previous month. Over 100 wines are valued each month. The wines valued are ALL OUR recommendations from the last fifteen years.
The new prices, are reflected in your online portfolio every month.
Please log on to our website investintowine.com to view your wine portfolio and email us back if you wish to ask anything about which wines that can help build your wine portfolio.
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Are you making the right moves Are you making the right move?
The Nasdaq is breaking out for another rally, but since it is back at its January levels, this could be the ceiling if it doesn’t break through its resistance level of 9000 points. It may get to 9750 if it breaks through the 9000 but this is its second resistance. It has a very high chance of falling from 9750 levels, buyers beware.
China’s central bank advances to the next stage of testing its ‘Sovereign digital currency‘ with big plans to wean its population off dependence of the US Dollar settlement system.
Restaurants and Hotels stand to suffer badly from the current pandemic, many already appealing to the government to re open. But we know that life will not be the same, as they will need to impose social distancing measures on customers, that’s even IF customers have the confidence to eat out regularly like before. Food and beverage for a hotel has huge margins and they need their F&B revenue to remain profitable.