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Asset bubbles? Champagne outfizzes Large Tech and bitcoin in 2021

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By Marc Jones
LONDON (Reuters) – You may be tempted to pop corks if you happen to’ve invested in classic champagne this 12 months – probably the most coveted bottles have outperformed all main monetary market belongings, from Large Tech to bitcoin.
On-line platforms that let you commerce fascinating wine, champagne and spirit vintages, very like shares or currencies, have seen file exercise and bumper value actions this 12 months.
Information from LiveTrade, which runs the “Bordeaux Index” of drinks, confirmed champagne accounted for 15 of the 20 high value rises on the platform in 2021.
The cost was led by Salon le Mesnil’s 2002 classic, described by its producer as “fascinating like a samurai sword”. It has surged greater than 80% in worth in 2021 on each LiveTrade and one other wine platform …

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