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Showing posts with label Art Market. Show all posts
Showing posts with label Art Market. Show all posts

Saturday, May 21, 2022

Random Thoughts

At a time of geopolitical uncertainty, soaring inflation and falling stock prices, the art market is beyond booming. The explosion is fueled by a combination of an unusual number of highly desirable art becoming available, and an increase in those who can afford to buy them. The rich have got much richer. If you are mega-rich, there aren't many things you can acquire that are real trophies, that nobody else can have. Art is a real trophy.

Monday, January 03, 2022

Heard On The Street

Experts attribute the booming art market to at least three factors: young crypto-driven buyers; the growth in the Asian market; and the belief that art is a good investment at a time of economic uncertainty.