The Liv-ex 100 finished November up just 0.4% at 235.13; 14.7% up for the year. A modest gain after some really impressive months, but a gain none-the-less. So, what’s been trading at J&B in November? Well, we make no apologies; it’s been the usual suspects. Lafite and Carruades march on and Mouton continues to gather pace, but still remains several furlongs behind Lafite. There is still insatiable demand for 2007 Chateauneufs; whilst old and rare vintages from Burgundy get snapped up tout de suite.
The big question is - how will major economies respond to the Dubai crisis? Hopefully this won’t be the double-dip we all fear, but if it is, bargain-hunters will probably be disappointed; it’s unlikely that there will be a glut of distressed sellers emerging from the Middle East!
