Wealth trends

Yesterday the Financial Times published its latest ‘Wealth
indices
’ for fine wine, classic cars and art. Over the last three years classic
cars have almost doubled in price, climbing relentlessly. Art has proven more
volatile but is still showing a 22% gain over the same period.

Fine wine, meanwhile, has dropped 7%. The Liv-ex 100 is
currently 25% below its peak level of June 2011. Looking at these measures of
wealth raises a question: have the well-heeled decided to give up drinking?

FT_Wealth_Indices

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