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The relationship between the prices of fine art and stocks is significant IMO
(although I've never quantified it). If you want to see the correlation - read
the major auction results in the New York Times over a few market cycles (I
think you can also get the results these days on the Sotheby's and Christie's
web sites). Also - Barron's publishes little charts/articles about the
correlation from time to time. Robyn
P.S. If you are within several hundred miles of New York during 1999 - visit
the show at the Whitney - a history of the United States in the 20th century
through its art. Best exhibit I've seen in a very long time.
KCSpread@xxxxxxx wrote:
> Omega List,
>
> I was driving by a Pfizer facility today. Posted outside were many large
> billboards for a rare art delivery. Has anyone a completed correlation
> analysis to the price of art and downturns in the stock market or particular
> sectors of stocks? Just a thought.
>
> Kelly
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