WSJ Breaks Down Market’s “Cooling Off”

January 30th, 2016

Henri Matisse, La Leçon de Piano (1923), via Sotheby's

The Wall Street Journal’s Kelly Crow diagnoses the symptoms of the market’s “cooling off” this week, pointing to falling oil prices and unsteady stock prices as deleterious to buying confidence.  “We’ve been hoping for a slight correction to bring some sanity to this market,” says Suzanne Gyorgy, head of Citi Private Bank Art Advisory and Finance. “The way prices were climbing, the whole thing was starting to feel artificial.” 

Read more at WSJ