Liv-ex 100 - Turning the corner?

In economic terms, two quarters of negative growth constitute a recession. In the wine world, two positive months on the Liv-ex 100 constitutes cause for cautious optimism. After January's 1.39% gain, the first positive month end since March 2011, the leading fine wine index has posted another small rise, up 3.36 points at 293.66 (or +1.16%). This makes the index down 17.8% for the last 12 months, but maybe the re-building process is underway - next target is the 300 mark!