Vin de Napkin - Four Horsemen

I was listening to NPR on my drive time and they had a story on California home sales being up 6% in December, a surprise lift from expectations.

Then, they did a deconstruction on that number accounting for the vulture sales on underwater deals, foreclosure sales and general sales volume at the expense of distress and, well, the homes sales number didn’t sound so great after all.  NPR, for being a “liberal” news outlet is pretty good at that.  They’re not turning into Obama’s mouthpiece just yet.

That got me thinking about the myriad of things that are going on in the world, and the business of wine which is a microcosm of the world in many ways, and sometimes you just have to laugh or you might cry.

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