The editors at Bloomberg have gone on a tear about the art market. Fixating on the fate of a single painting, Bloomberg has now published two stories and a television interview that declares an art market crash. The same story syndicated abroad under headlines like Collectors Abandon Emerging Artists as Prices Crash and International Art Bubble Bursts doesn’t quite back up the heavy breathing.
Even the interview (click through above) with Katya Kazakina, the reporter on the story, does everything it can to back off the headline and chyrons proclaiming a market rout.
