• The January Effect

• Major Market Movers: tariff free

• Chart of the month: The Burgundy expansion

• Critical corner: Margaret River

• Final thought: The shift in Burgundy

January is often marked by a seasonal rise in equity prices. This year was a slight exception with US and European indices having recorded record intra-month highs, before closing January marginally down. The same was true of fine wines. While trade volumes bounced back from the annual festive lull, prices moved lower throughout the month.

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