Despite what many are calling a “reassuring” sale last evening, the Art Market Monitor notes a 13% drop in stock price for Sotheby’s this morning, a point that notes increased pessimism from investors.  “It showed the contemporary market is in rude health in spite of the economy,” the article quotes from advisor Rory Howard.

Read more at Art Market Monitor

This entry was posted on Thursday, February 11th, 2016 at 7:26 pm and is filed under Art News, Minipost, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.