Clare McAndrew – Art Basel
In this week’s episode of the ArtTactic Podcast, Clare McAndrew, founder of Arts Economics and author of the recently released Art Basel & UBS Global Art Market Report, joins us to discuss her findings from her report. First, Clare shares some of the major takeaways from the report and puts into context the art market’s performance in 2016 versus previous years. Then, she explains the significance of the large disparity between auction sales which fell 26% last year and dealer sales which increased 3%. Also, Clare touches on the discrepancies between her numbers and those witnessed in the competing TEFAF art market report as well as China’s current role in the global art market.