The highs and lows of the global art market

The highs and lows of the global art market

From Make Me Smart by Marketplace

May 12, 2026 · 16 min · Episode 1565

About this episode

The episode discusses the current state of the global art market, highlighting the challenges faced by galleries and artists post-pandemic.

After a pandemic-era boom, the fine art market is going through something of a bust. Many galleries have closed due to climbing overhead costs and sales just aren’t what they used to be. Author and freelance journalist Julie Belcove joins Kimberly to demystify the inner workings of the global art market and what a slump could mean for the those who work in the arts.

People in this episode

Host: Kimberly

Guest: Julie Belcove

Topics covered

  • global art market
  • pandemic impact
  • art sales
  • galleries
  • economic downturn

Keywords

  • art market
  • fine art
  • galleries
  • sales slump
  • overhead costs

Mentioned in this episode

Organizations: Marketplace

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