Profit

Right time to invest in art?

PUBLISHED ON: February 2, 2008 | Duration: 3 min, 14 sec

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While bear hugs might be looming over the stock markets due to fears of a US recession, investors are increasingly looking at other asset classes as a safe haven. So is art a good bet at a time when Sotheby's, the world's largest publicly traded auction house and a proxy for the art market reversed two years of high growth and hit a 16 month low.
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