If you look closely at the Morgan Stanley report, it starts to look less like a dispassionate analysis of supply and demand dynamics in the wine world, and more like an aggressively-argued attempt to put forward one particular investment thesis ...
Panelists speaking will include Nielsen's Mike Colicchio, Full Glass Research's Christian Miller, Wine Business Monthly's Cyril Penn, Wine & Spirits' Luke Sykora and Tasting Panel's Deborah Parker Wong
Global wine demand has drastically overwhelmed production, which has declined to its lowest level in more than 40 years, according to a recent report from Morgan Stanley analysts Tom Kierath and Crystal Wang.
I waited skeptically for the reds, whose grapes generally demand longer hang time in autumn to achieve adequate ripeness. And now, following a long rest in barrel and bottle, the field looks so much better than anticipated, especially in the case of merlot, the Okanagan's flagship red variety.
Now would be a good time to pick up that special bottle of French Bordeaux wine that you had on your list - and a couple of extra for the wine cellar. Morgan Stanley Research has just released a report that projects a global shortage in wine production.