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Sales of $10 million-plus paintings have collapsed as high interest rates have flushed speculators out of the market.
A bubble at the top of the art market has burst. Expensive paintings are proving to be more sensitive to interest-rate hikes ...
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Failed Sotheby’s auction of $70M bust leaves art insiders speechless — are collectibles no longer covetable?Industry insiders and art experts estimated that the sculpture was worth $70 ... Gold’s reputation as an uncorrelated safe haven was cemented during the see-sawing of the U.S. stock market in the ...
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