Rationlising Art Market Events – artmarketblog.com
Having spent many, many hours analysing the so called “art market crash” of the late early 90’s, I have come to the conclusion that the likelihood of the current art market taking a similar route as it did at that time, and for the same reasons, is virtually impossible. The many different events that led to the art market taking such a battering during the early 90′s would probably not have had such an effect if they had happened at different times but they all happened at around the same time. It is also quite obvious that the art market of the late 80’s early 90’s was extremely immature and naive compared with the current art market which resulted in the effect of the events leading up to the 90’s “art market crash” to be even greater. Below are the posts that I have written on the events that led up to the so called “art market crash” and why I believe that the likelihood of the current art market suffering a similar fate is incredibly unlikely which I hope will change your perception of the past and current art market.
Debt Masked Art Market Turmoil – artmarketblog.com
Absent Data Equals Art Market Fear – artmarketblog.com
War and the Art Market – artmarketblog.com
Art Plus Wealthy Egotists Equaled Chaos – artmarketblog.com
Crashing the Art Market, Japanese Style – artmarketblog.com
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications