Wednesday, May 20, 2015

Booming Art Market suggests Speculative Bubble

Nearly 180 million dollars paid at auction for a Picasso painting a collector. A new auction record. And for some, another indication that we are dealing with a speculative bubble, and perhaps also with the peak of the current cycle share. source >>>

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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