Buy Wine: January 2009 Archives

By Robert Farmer

I suppose we are now officially in the age of Expectations Adjusted Downward. News from Down Under recently popped up about over-supply of and under-demand for premium wines. Australian wine makers have historically relied upon a consumer base outside their borders. And global demand for higher-end wine has been evaporating faster than a rain puddle in the Outback.

So, as has been the trend globally, Australian producers have had to adjust prices downward, setting a new threshold for so-called premium varietals. Have we entered the era of $10 premium wines? Probably not, but we're getting closer. And in Australia, the problem may have been self-inflicted --at least partially.

By Courtney Cochran

With the Dow marching steadily south, unemployment on the up and deflation dangerously near, it's easy to feel there's little source for cheer these days.  Still, if there's anything a trying economic clime coupled with an already frigid winter welcomes, it's uncorking a wine worth brooding over.  Read on for a list of our top picks for wines with which to weather the current season - whether your portfolio is up, down, or you just can't bear to look.  No matter what, we've got you covered.