In a word, DISASTER, for now!
The poor economic conditions of late 2007-early 2010 have created more patient buyers of Bordeaux futures. No longer is the demand so high that collectors will shell out huge sums for what are clearly inferior wines.
Now, the 2008s have to compete with the newly canonized “legendary” 2009 vintage for a place in your cellars.
Did the 2008s ever stand a chance? Is there a bright side to this?
Check out What 2009 Bordeaux Futures Means for the 2008 Futures written exclusively for Cork’d to find out the interesting opportunity that the ’09s have created for the ’08s!