Up, down, down, up, down, up, down, up, down, down, up, down. Watching the stock market lately is a bit like watching a kid on a pogo stick bouncing down a hill. It goes up. It comes down. We just wish it would do a little more of the former and a lot less of the latter. After all, it’s cutting into our wine budget.
And evidently, we’re not the only ones. After speaking to several wine shop owners around town, it seems that many wine lovers are trimming the sails on buying expensive wine. One shopkeeper explained, “We’re still busy and people are still buying wine, but they’re asking more questions about wines in the ‘under $15’ range. And they’re shying away from the more expensive wines — the same wines that used to sell as soon as we got them in.”
