The Art Market Check with Melanie Gerlis: fresh insights following a busy spring season.
With record-breaking sales and greater mid-tier opportunities showing, the art market specialist and writer notes that a recalibrated – but resilient – industry is taking shape.
“There has been a slowing of activity from the rather frenzied pace we were seeing three years ago. It’s not way out of line with what we’ve been seeing in the broader economy,” adds Paul Donovan, chief economist of UBS Global Wealth Management, in speaking with the art market specialist and writer.
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