Global Art Market takes a fall

In the first half of this year the global art market slowed down on the backdrop of heightened political and economic uncertainty, according to an annual Deloitte report. Throughout the first six months of 2019, global auctions sales from Christie’s, Sotheby’s, and Phillips fell to US$5.55 billion, down 20.3% from US$6.96 billion recorded in the first six months of 2018. The slowdown was more accelerated in the Chinese and Asian ar....