What Does the Year of the Horse Hold for the Art Market? | Artnet News
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What Does the Year of the Horse Hold for the Art Market? | Artnet News
"But the Year of the Horse technically arrived on February 4, the first day of spring and the beginning of the new zodiac. As the seventh sign of the 12-year cycle of animal signs rooted in the traditional Chinese lunisolar calendar, the Horse symbolizes freedom, vitality, and success, as seen in the Chinese idiom 馬到功成 ("When the horse arrives, success follows"). This is also a year of the Fire Horse, according to the sexagenary cycle."
"The pillar of Fire signals a turbulent year dominated by disputes, unrest, and warfare, according to Spencer Lee Ying Chung, a Hong Kong-based master of feng shui and Chinese metaphysics who made his predictions for The Asia Pivot with the bazi method. "Both financial markets and gold may see major ups and downs and high volatility," Lee said."
""Trump and Xi will not become friends suddenly, for example, but things won't get worse, and that's already a positive omen," Chan told me. The Fire Horse year is favorable for development in areas related to energy, technology, culture, art, media, and beauty, Lee said. Chan warned of a slight decline in the sales of blue-chip masterpieces but said that works in the mid- to lower-tier price points will perform well."
Many parts of East and Southeast Asia and their diasporas celebrate Lunar New Year, with the Year of the Horse beginning on February 4, the first day of spring. The Horse symbolizes freedom, vitality, and success, and the current cycle is a Fire Horse year linked to turbulence and heightened conflict. Feng shui and bazi readings forecast major volatility for financial markets and gold, while I-Ching readings predict continued obstacles and divisions from the prior Year of the Snake. Geopolitical relations may stabilize without dramatic improvement. The year favors development in energy, technology, culture, art, media, and beauty, and mid- to lower-tier artworks are expected to perform relatively well despite some weakness among blue-chip masterpieces.
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