In this Friday episode of Market Outsiders, hosts Namaan and Jenny Rae dive into the economics of art auctions and the newly announced U.S.-UK trade deal.
They explore why the $952 million Christie's and Sotheby's auctions matter, despite art's exclusion from GDP, and challenge the narrative of art as a safe haven for investors.
Namaan also critiques the U.S.-UK trade deal, noting the persistence of 10% baseline tariffs and specific carve-outs, like reduced tariffs on luxury vehicles, signaling a shift from expected free trade.
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