Financial & Commercial Structures - Specialists
From Cult Wines, London, UK The Liv-ex Fine Wine 1000 is a index representing secondary market prices of 1,000 global wines against gold and global stocks. Research from Cult Wines found that the correlation between wine and stock prices is low when the economy is good. Correlation increases during recession. However, fine wine was shown to have a lower correlation than gold and thus may be a good defensive buffer.
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