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NYC Bombing Update: FBI Stops "Vehicle of Interest" on Verrazano Bridge

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Shropshire Slasher9/19/2016 6:55:47 am PDT

The Art market has tanked, maybe the should have bought some Garfunkel.

Prices for works by young artists such as Scott-Douglas and Lucien Smith soared with the auction market in 2014, sometimes reaching hundreds of thousands of dollars, when they were traded like bull-market tech stocks. But since auction sales began to drop in late 2015, the emerging names have been hit especially hard. Sales by some artists are down 90 percent or more as the glut of work and nosebleed prices scare away buyers.