But according to statistics: the annualized rate of return from

The volatility of the art market is also relatively high. The industry has rightly claimed that the investment in the contemporary art market has been far ahead of the stock market in the past 20 years. The author believes that high inflation, especially stagnant inflation, has disappeared for 30 years, and a meaningful comparison should go back at least to the first oil crisis in 1973. Just look at Figure 1: At least during the two oil crises of 1973 and 1982, thewell. Further in-depth discussion shows that: in the early year of inflation, to prices, which can easily be passed on to high-asset customers who are the main collectors, forming an illusion of prosperity;

But with the economic recession recognized by stagnant inflation

It will hurt all consumption, and the art market will not be able to stay out of it. Art is as one of the alternative investment projects in the investment community, that is, investment targets other than marketable securities. Comparing various alternative investments, we can find Morocco Phone Number that art is conceivably inferior to commodities and even wine in terms of its ability to resist inflation (Figure 2). In addition, all statistics ignore commissions, logistics, warehousing, and insurance fees—as we all know, auction companies charge commissions, cataloging fees, and so on,

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Which are rising steadily, far exceeding other alternative

investment targets. Not to mention the low liquidity of artworks, which is a taboo as a hedging tool. pic Photo Credit: Financial News Sustained profit and Baotai, long-term shift layout The mainstream art market in Taiwan was born in the late 1980s. It is bold to say that the mainstream art industry and collectors in Taiwan have not yet experienced the baptism of stagnant inflation. Therefore, no one in the domestic art circle has so far deduced the sand table

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