Just in Time for Basel

Art Basel 39 opens June 4 but why wait until then for a good art market crash prediction:

Bloomberg interviews Sender Collection curator Todd Levin. Among the number of comments taken from what was surely a longer conversation, Levin makes this observation about Chinese contemporary art. He’s hardly alone in this opinion:

“The broad majority of Chinese contemporary art is so bad I didn’t feel the need to get involved,” said Levin. “I could see there was a money play to be made there, but that’s not the main reason why we’re putting together a collection.”