Many of my friends and colleagues ask me if there is a bubble in the art world? Are these high prices normal?

I have to confess that I find it difficult to answer that as I am deliberating over the matter myself. Is there a bubble?  well, to help myself reflect on that subject, I watched again “The great contemporary art bubble”, (read my post HERE) a movie produced by Ben Luis in 2009. Moreover, I noticed that till today, four years after the movie was made, prices are still rising.  I also read the article “The Global Art Market: Hot Or Tepid?” written by Kathryn Tully for Forbes.com, where Tully expresses her opinion as well as that of few other professionals. However,  was a conclusion reached? Only time will tell.

Read Kathryn Tully article HERE


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