Market Commentary

Jerry Wind – The Wharton School

24 July 2019

In this week’s episode, we’re joined by professor Jerry Wind, the Lauder Professor Emeritus and Professor of Marketing at The Wharton School of the University of Pennsylvania and co-author of Can Art Aid in Resolving Conflicts. First, we discuss the recent news of Sotheby’s being purchased and transforming from a publicly traded auction house to a privately owned business. Jerry explains some of the ways being a public company may have been prohibitive for Sotheby’s. Also, he shares how he envisions their business evolving. Further, Jerry tells us how Sotheby’s and its rival Christie’s may compete against each other now that both are private firms. Then, we discuss Jerry’s new book, Can Art Aid in Resolving Conflicts and he identifies some of the most notable examples of when art played a role in resolving conflicts or building bridges among opposing groups.

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Meg Corcoran – ArtTactic

1 July 2019

In this week’s edition of the ArtTactic Podcast we’re joined by Meg Corcoran, a researcher at ArtTactic, focused on the Old Masters market, and a gallery manager at Stephen Ongpin Fine Art, a gallery specializing in Old Masters, 19th Century and Modern drawings and works on paper. First, Meg reveals the extent to which the Old Masters market is trending upwards the past few years. Then, she reveals how two recent blockbuster Old Masters sales, the da Vinci’s Salvator Mundi and Caravaggio’s Judith and Holofernes, has impacted the entire market. Also, Meg touches on what the industry is doing to try to attract young collectors and what opportunities uniquely exist in the Old Masters market.

 

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Gareth Harris – The Art Newspaper

25 June 2019

In this week’s episode of the ArtTactic Podcast, we chat with Gareth Harris, chief contributing editor at The Art Newspaper and contributor to the Financial Times, to help us recap the Venice Biennale and Art Basel. First, Gareth shares his thoughts on this year’s the Venice Biennale and he identifies some of the most talked about artists included in this edition. Then, he discusses how Art Basel is different when it coincides with the Venice Biennale and specifically to what extent the Biennale influenced what galleries brought to Art Basel. Gareth tells us how strong sales were at this Art Basel and he even identifies some key sales from the fair. Lastly, Gareth reveals to us what other topics were being discussed by art market insiders at the fair.

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Morgan Long – The Fine Art Group

23 May 2019

In this week’s episode of the ArtTactic Podcast, Morgan Long, senior director at The Fine Art Group, joins us to breakdown last week’s post-war and contemporary auctions. First, Morgan shares some of her major takeaways from this past week’s sales. Then, she identifies some of the artists who were the biggest winners and losers. Also, Morgan details the extent to which female artists are undervalued and how they used this strategy in their art investment funds. Additionally, she touches on prices for young artists, identifies the different services The Fine Art Group offers and also explains why guarantees aren’t as lucrative as they used to be.

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Loren Munk – James Kalm

12 March 2019

In this week’s episode of the ArtTactic Podcast, we’re joined by artist Loren Munk, who also goes by his alter persona James Kalm, founder of the Kalm Report and James Kalm Rough Cut. First, Loren explains his the concept and origins behind his YouTube channels in which he films gallery exhibition openings while providing commentary. Then, he reveals how galleries and museums have treated him over time as video recordings of exhibitions has become more commonplace lately. Also, Loren identifies some of the most interesting trends in the NY art scene including which artists he has been following lately. Lastly, Loren details the changing history of the art gallery neighborhoods of New York City, a subject matter that ties in to his paintings.

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David Chau – ART021

8 February 2019

In this week’s edition of the ArtTactic Podcast, we’re joined by David Chau, co-founder of ART021, a Shanghai contemporary art fair. First, David shares how exhibiting galleries and visiting collectors at the fair have evolved over the past 6 years. Then, he discusses different strategies employed by US and European galleries to target Chinese collectors. Also, David explains how US and European galleries without physical locations in China are having success there. Lastly, David identifies some of the common stereotypes that the global art world has about Chinese art collectors.

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Judd Tully recaps the art market in 2018

24 December 2018

In this end of the year episode of the ArtTactic Podcast, Judd Tully, veteran art market reporter, joins us to review the art market in 2018. First, Judd shares the top storylines of the year with us. Then, he identifies which artists were the biggest winners over the past 12 months. Also, Judd discusses how Instagram is impacting several facets of the art market. Finally, Judd reveals how market participants are feeling as head into 2019 and also gives us two bold predictions for the art market next year.

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Anders Petterson – ArtTactic

20 December 2018

In this week’s edition of the ArtTactic Podcast, Anders Petterson, founder of ArtTactic, joins us to preview our 2018 Top Artists Report, in which we analyze and assess the top performing contemporary artists at auction by nationality, age and gender. First, Anders details the performance of the contemporary art market in 2018 and how it compared with our expectations heading into the year. Then, he identifies some of the noteworthy trends in 2018 in terms of how different artists performed at auction. Also, Anders shares some of the top performing artists during the past year, including younger artists under the age of 45.

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Julia Halperin – Artnet News

13 December 2018

In this week’s episode of the ArtTactic Podcast, Julia Halperin, executive editor at Artnet News, joins us to recap Art Basel Miami. First, Julia discusses galleries’ expectations heading into the fair week and how they felt at the conclusion of the fair. Then, she identifies some of the most noteworthy sales from the fair. Also, Julia tells us what insiders were saying about the increased attention on younger black artists. Additionally, she touches on how galleries at NADA are adopting their business models to the changing art market, what was on view at the local private museums and how everyone felt about the state of the art market as we wind down 2018.

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Nate Freeman – Artsy

20 November 2018

In this week’s edition of the ArtTactic Podcast, Nate Freeman, art market report for Artsy, joins us to recap last week’s New York contemporary auctions. First, Nate touches on David Hockney becoming the most expensive living artist with his $90.3 million sale of his Portrait of an Artist. Then, he discusses why we saw softening at the top of the market and strength in the middle market. Also, Nate breaks down the surging prices for undervalued African American artists and Kaws. Lastly, he shares the sentiment of the contemporary art market as we head towards Art Basel Miami.

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