Market Commentary

Susie Goodman – Strauss & Co

30 September 2019

In this week’s episode of the ArtTactic Podcast, Susie Goodman, executive director at Strauss & Co, a leading auction house in South Africa, joins us to discuss the African art market. First, Susie tells us about the evolution of the African art market over the past 10 years and what role South African has played as the most established art market. Then, she tells us to what extent renowned African contemporary artists, such as Julie Mehretu, Marlene Dumas and Njideka Akunyili Crosby, are collected by African collectors and she also identifies lesser known African artists worthy of consideration by global collectors. Susie also touches on the success of female artists in Africa as well as how the politics of the continent has influenced the kind of art being made by contemporary artists.

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Anders Petterson – ArtTactic

27 September 2019

In this week’s episode of the ArtTactic Podcast, Anders Petterson, founder of ArtTactic, joins us to discuss the art market in 2019 as well as highlight a few recently released ArtTactic reports. First, recaps the art market’s performance in the first half of 2019 and shares ArtTactic’s outlook for the autumn season. Then, he identifies some of the key findings from ArtTactic’s inaugural Auction Guarantee report and explains what role guarantees have been playing in the market so far this year. Finally, Anders updates us on the ArtTactic Forecaster auction prediction platform, which has now recorded over 1.2 million forecasts.

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Hannah Elliott – Bloomberg News

22 August 2019

In this week’s edition of the ArtTactic Podcast, Hannah Elliott, staff writer at Bloomberg News covering the luxury sector, joins us to recap the Monterey classic car auctions. First, Hannah breaks down the unfathomable auction blunder at Sotheby’s for the Porsche Type 64. Then, she recaps the overall performance of the classic car market during the week and explains why some referred to it as a bloodbath. Hannah also reveals which carmaker is frequently dominating the market and explains why Asian car collectors haven’t had an impact on the market yet.

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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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