I was reading about this divergence — rare wine up, spirits down. Not the cheap stuff, not the mid-tier. The kind of bottles people lock in vaults and whisper about in hushed tones at auctions in London or Hong Kong.
Spirits didn’t crash. They just… paused. Like someone took a breath before deciding whether to stay or walk out. Whisky, rum, tequila — all holding steady or slipping slightly. No panic. Just quiet.
Wine collectors aren’t drinking more. They’re hoarding differently. Maybe because wine feels like time made liquid. Or maybe because time is the only thing left that still appreciates — and even that’s questionable.