When stock prices dip, art tends to hold its value. For investors looking to preserve their wealth during a volatile economy, art can also act as a hedge against inflation. Because it's a tangible ...
"What you get back is based solely on supply and demand and there are big movements upwards or downwards if there are changes in the economic ... it loses value Expensive works of art are often ...
The public is devouring the creative sector with a heedless appetite, and the industry is changing rapidly to keep up with ...
along with economic weakness in Europe and China are draining buyer confidence. Higher interest rates also raised the opportunity cost of buying art, since wealthy collectors could earn an easy 5% ...
Cultural tourism has become one of the main fields in the world of tourism, as it offers unique experiences that combine ...
In an economic dystopia, wealth concentrates at the top while intellectual and physical work are devalued. Widespread job ...
The German economy is ailing, the global art market has weakened and a reduction in value-added tax (VAT) on art sales that German dealers are counting on to breathe new life into the domestic ...
While the fair remains committed to its founding ethos of promoting visual art from Africa and its diaspora—and placing commercial value on that work—its leaders thought it could be much more.
Related: The Value Economy — How to Master the Game of Wealth ... this often looks like divesting of assets, such as art, ...
Public plazas across the country will be redeveloped into “creative public spaces” in a new government initiative where ...
Dealers and auction experts say geopolitical concerns (especially in the Middle East and Ukraine) along with economic ...