[music] 80,000 wealthy collectors, over 380 galleries, and Elon Musk as a robot dog. I'm [music] Robert Frank from CNBC, and we're going to take you inside Art Baso Miami Beach 2025. [music] And >> I think coming into Miami now, there's a renewed confidence in the market.[music] We're not out of the woods yet entirely, but there's buying, there's activity, there's energy, and there's vibrancy. >> For UBS, especially for our clients who are from the United States or from the Americas, we have a it's a huge f ...

After a three-year bare market, the art market is back. And Robert Frank joins us this morning from the center of it all in Miami with a look at what the wealthy are buying at Art Basel. Good morning, >> Andrew. Good morning.Great to see you. Well, you know, this is the largest art fair of the year in the US and one of the biggest gatherings of wealth of the year. More than 80,000 collectors descending here in Miami Beach this week.And the big question this year is whether this new rally in the art market c ...

If the art market is now emerging from its slumber, it’s because of a renewed interest in the classical https://t.co/HRj72ItICv ...

Market Overview - South Korea's art market is experiencing a downturn [1] - Participants at Frieze Seoul are questioning the market's potential for recovery [1]

Louis Vuitton, the latest luxury name to report results, giving us some clues about how how the high-end consumer is holding up. Robert Frank is here with that story. Better than the low-end consumer, right.>> Certainly. And it was really interesting stock action this morning with LVMH. It was down initially.Now it's bouncing back after that initial fall. And that's because it was a weak quarter for the world's largest luxury company. Overall sales down 4%.Its core fashion and leather goods. That's the big ...

Industry Focus - Art-market consulting firm New Perspectives Art Partners identifies real opportunity in the Middle East [1]