The Futures Market

Not even the short sellers expected Covid-19 to rage on past 2020. Much of the art world was ecstatic last November when big pharma announced the effectiveness of coronavirus vaccines. Gallerists, curators, and artists alike began anticipating the resumption of the global cultural roadshow consisting of art fairs, auctions, and biennials. Yet since January, with second, third, and fourth Covid waves hitting countries big and small, those hopeful fantasies, especially for art-fair organizers, have been squashed.

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