Cult Wines – Market Turmoil: Cult Wines Perspective

By March 20, 2020Press coverage

Cult wines

“As the Coronavirus has continued to spread rapidly, the full scale of the risk to the global economy has hit markets with rarely seen violence: the speed of the sell-off in equities and “risky” asset classes has only been matched by the rise in price of safe haven assets such as US government bonds or Gold.

As always in a market crisis, the unknown factors lead to asset price dislocation as well as extreme volatility, which in turn lead to irrational behaviour and lack of long-term perspective.”

Read the full article here.