The Chart of the day is via Chris Vermeulen from the goldandoilguy.com and shows a comparison of the price performance of Lehman Brothers in 2008 to the current price performance of Deutsche Bank today. With a number of European and US banks having similar charts to Deutsche Bank and the bank index not confirming recent new highs in the broader market, once can all but wonder if a repeat of 2008 is on the cards:
Troubled Times For Wine In 2023: Global Production And Consumption Shrinking
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In 2023, the world wine production declined by 10% to reach 237.3 million
hectolitres. Wine consumption also decreased as did world vineyard surface.
9 minutes ago