Art Market Monitor Responds to CNBC Jibe at Contemporary Art Market

May 18th, 2013

Barnet Newmann sells at Sotheby's Auction, via Sotheby'sFollowing the week’s record-setting contemporary art auctions, CNBC analysts weighed in on the current setting of the contemporary art market, criticizing the easy classification of the market as a bubble set to burst, and noting the ongoing theme of art market commentary asserting a link between money laundering and the increasing speculation on the art market.

Read more at Art Market Monitor, and the original Commentary at CNBC