CNBC Offers Mixed Forecast of Coming Months for Art Market

August 12th, 2016

CNBC takes its turn at an analysis of the struggling market this week, noting the failure in confidence of many top investors and collectors to offer their top works at sale, although Fine Art Group Founder Philip Hoffman sees a change in the future.  “There is a huge amount of cash sitting in deposit accounts and there is a lot of interest in finding the right work of art.”Read more at CNBC