Mei Moses All Art Tracking Report

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I have posted over the past week or so the individual results from the recent London contemporary, post war, impressionist and modern sales as analyzed by Beautiful Asset Advisors.  The results are based upon repeat sales and comparison to stock and financial indexes.

The first half of 2013 results have be compiled and show a loss of 2.80% for the year, and an even further decline from the .08% loss at the end of May.

Mei Moses reports

WEAK JUNE AUCTION SALE RESULTS DROPS WORLD ART AUCTION MARKET BACK INTO THE RED.  U.S. EQUITIES REMAIN NEAR THEIR ALL TIME HIGHS YIELDING ANOTHER DATA POINT SUPPORTING ARTS LOW ANNUAL AND SEMI ANNUAL CORRELATION WITH EQUITIES.

THE WORLD WIDE AUCTION ART MARKET IN JUNE SHOWED A WEAKENING RESPONSE TO GLOBAL ECONOMIC AND STOCK MARKET VOLATILITY.  THE YEAR TO DATE DECLINE OF 2.80% IN THE MEI MOSES® WORLD ALL ART INDEX THROUGH JUNE MOVES IT BACK TOWARDS ITS LOW POINT OF THE YEAR.  THIS IS A DETERIORATION IN THE MAY RESULTS OF -0.08%.

Source: Mei/Moses Beautiful Asset Advisors