As a wine collector, in the United States, one would hope that a better-performing dollar would lead to more bargains for collectible wines. However, as a New York Times article points out today, luxury goods and limited supply does not necessarily mean these savings get passed on to the collector:
“The wine producer will increase its markup in the United States, canceling out the decline in marginal cost … French firms will not fully pass-through the benefits of a stronger dollar to United States consumers, but will get a cut from it in the form of higher markups.”
Read the full New York Times article here
