Bloomberg’s Katya Kazakina takes the temperature of the art market on the eve of the big sales:

• “[M[arket sentiment is very strong,” said New York dealer Christophe van de Weghe. “There are a lot of new buyers who want to get into the game. They like sure value.”
• “Buyers are looking for global icons,” said Tobias Meyer, Sotheby’s worldwide head of contemporary art. “Something they can show on their iPhones and people will recognize it.”

Cohen’s ‘Liz,’ $10 Million Teddy Bear Add Sizzle to $1.4 Billion Art Sales (Bloomberg)