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Market confidence stabilises, but uncertainty prevails
The ArtTactic Art Market Confidence Indicator has stabilised at 56, after a sharp drop in November 2007. The current reading implies that there is about a 50-50 balance of positive and negative sentiment in the contemporary art market market at the moment, highlighting the uncertainty felt by its respondents.
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Survey Highlights May 2008:
- ArtTactic Art Market Confidence Indicator stabilises after a 40% drop in November 2007
- Confidence remains strong for artists at the very top-end of the art market
- The Market feels more pessimistic now than 6 months ago, but more optimistic about the near future
- Risk Barometer remains at a high level, implying that there is a high level uncertainty in the art market
- Speculation Barometer is down 11%, a sign that buyers and auction houses are becoming more selective
Report Content:
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ArtTactic Market Confidence Indicator (Historic & Analysis)
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ArtTactic Confidence Indicator by Geography and Medium
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Risk & Speculation Barometer - Top 10 Emerging Artists
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Artist Confidence Indicator (see list of artists below)
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Art Market Heatmap for Contemporary and Blue-Chip Contemporary Artists
Contemporary Artists included in the Artist Confidence Indicator: Andreas Gursky, Bill Viola, Cindy Sherman, Damien Hirst, Elisabeth Peyton, Franz Ackermann, Glenn Brown, Jake & Dinos Chapmans, Jeff Koons, Jeff Wall, Kai Althoff, Luc Tuymans, Marlene Dumas, Matthew Barney, Maurizio Cattelan, Mike Kelley, Neo Rauch, Olafur Eliasson, Paul McCarthy, Peter Doig, Richard Prince, Rosemarie Trockel, Takashi Murakami, William Kentridge, John Baldessari, David Salle, Fischli & Weiss, Cecily Brown, George Condo, Franz West, Gerhard Richter, Gilbert & George,
Blue-Chip Contemporary Artists included in the Artist Confidence Indicator: Sol Le Witt, Dan Flavin, Ellsworth Kelly, Robert Rauschenberg, Luican Freud, Keith Haring, Jean-Michel Basquiat, Piero Manzoni, Cy Twombly, Yves Klein, Donald Judd, Anselm Kiefer, Willem de Kooning, Mark Rothko, Tom Wesselmann, Joan Mitchell, Roy Lichtenstein, Philip Guston, Robert Smithson, Francis Bacon, John Chamberlain, Clyfford Still, Andy Warhol, Hans Hofmann, Claes Oldenburg, Joseph Buys, Alexander Calder, Lee Krasner, Jean Dubuffet, George Segal, Robert Indiana
Number of pages: 14
Individual Price: £75.00
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