Mei Moses World All Art Index Declines

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The Mei Moses World All Art Index reveals a 3.5% decline since the beginning of the year, while the S&P 500 was up 17% and the FTSE up 5%.

Beautiful Asset Advisors report on the Mei Moses World All Art Index

WEAKNESS CONTINUES IN THE WORLD WIDE ART AUCTION MARKET AS U.S. EQUITIES REACH RECORD LEVELS THE WORLD WIDE AUCTION ART MARKET CONTINUED TO RESPOND TO THE GLOBAL ECONOMIC WEAKNESS WITH THE YEAR TO DATE PERFORMANCE INDICATING A DECLINE OF 3.5% IN THE MEI MOSES® WORLD ALL ART INDEX.

ART CONTINUED TO UNDERPERFORME EQUITIES IN THE LAST FEW MONTHS. THE S&P 500 AND THE FTSE ALL SHARES TOTAL RETURN INDEXES WERE UP OVER 17% AND 5% RESPECTIVLEY FOR THE SAME TIME PERIOD©

Source: Beautiful Asset Advisors/Mei Moses Fine Art Index