by Chris Kimble
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CLICK ON CHART TO ENLARGE Beauty is in the eye of the beholder and boy does this apply to the art market! Speaking of the art market, Sotheby's has been a good indicator for times to buy or sell the S&P 500 over the past 16-years. At this time Sotheby's is hitting a price level where it peaked and the S&P 500 happened to run out of steam. Is this "Wealth Indicator" sending an accurate signal to stock investors or is it different this time? |
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