The importance of demand. In the marketplace for unique objects, demand determines pricing, so when you think about purchasing a work of art for reasons that are not purely aesthetic, you want to ensure that there will be sufficient demand...
Citigroup boasts one of the most long-standing art advisory groups in the industry, created for their high-net-worth clients in 1979 by banker turned gallerist, art critic and dealer, Jeffrey Deitch. The group publishes a brief annual report, as well...
There has been extensive media coverage recently on millennials, their personal brands, and how they are choosing to spend their time and money.  While social media and technology have dramatically impacted millennials’ lifestyles, these developments have also...
Investing in art is a highly nuanced undertaking, and the market for certain types of art or specific artists can vary greatly. As a rule of thumb, art is grouped into periods or artistic movements, often with...
Together with Arttactic, Deloitte publishes an annual report that summarizes trends in art finance and the art market more broadly*. As the intersection of art and finance grows, so does the need to quantify shifts in the market. The...
In times of high market volatility and economic uncertainty, alternative and hard assets become increasingly appealing to investors. To better understand the options available for investors to round out their portfolios, we looked at the most recent...
Economist Clare McAndrew  has been assembling one of the most comprehensive macro-view industry reports for the last decade. You can start by reading the Key Findings on page 15 and dive deeper into the report based on personal interests...
Thursday morning, Jamie Dimon of J.P. Morgan published his annual Chairman & CEO Letter to Shareholders.  In this highly anticipated letter, not only did Dimon recap the previous year for all J.P. Morgan shareholders, but he also...
In today's world, where individual paintings sell for tens of millions of dollars, the Scull sale total of $2.3 million for 50 works—or $12.7 million in 2019 dollars—would hardly be newsworthy. However,  in 1973, it wasn't...
US stocks took a major tumble last week, including a sixth consecutive day of losses for the S&P. Since uncertainty on Wall Street can have implications down the road, with the November art auctions around the corner, we want...