2017-2018 ART MARKET UPDATE
ALPHONSO ACOSTA "Manufactured Crisis"
When we talk about the art market we are really talking about the economy, the global economy. Those terms are technically interchangeable. Art is a luxury, so when people do well they buy luxury items for their homes like art, automobiles, furniture, and really any collectible item.
Sotheby's reported a leveling off finally in April 2016 but at the same time claim the biggest market boom ever that same year. Fairs claim record attendance around the world from Barcelona to New York. It is definitely an exciting time for art and art sales.
We will continue to update our readers on who is collectible and who has slumped. So go out and get your fingers wet and start buying some art.
Neo Rauch purchased by Brad Pitt
The information printed here was collected from numerous sources and any projections should not be used to make decisions to purchase work soley for the purpose of making profit. ARTCOLLECTORWORLD is not responsible for loss of income due to purchasing work for investment purposes or otherwise.
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