Wednesday, August 31, 2011
Monday, August 29, 2011
Opening Gallery Reception * Nina's First Annual Holiday Party
De Pitera Fine Art will present our opening gallery and artist exhibit on November 26 at Nina's Cafe. The exhibit will be in conjunction with Nina's First Annual Holiday Party. We will keep you posted on the details of this wonderful event.
Thursday, August 25, 2011
Wednesday, August 24, 2011
Invest in Art
Wealthy Eschew Equities; Will Art Benefit?
August 17, 2011 By Marion Maneker Leave a Comment
The Wall Street Journal’s Robert Frank had a story on Monday that may tell us something about the upcoming Fall auction season. High Net Worth Individuals feel burned by equity markets over the last three years. They’re taking refuge in defensive assets that all behave similarly to art:
“Today, my first principle of investing is do no harm, don’t make major mistakes,” said Mr. Mantell, president of New York-based Mantell Advisory LLC. “It’s not about chasing returns anymore. For me, it’s about real diversification and not being so dependent on traditional equities.”
After taking big risks and big losses in 2008, wealthy investors have become the Cassandras of the financial world, hunkering down with cash, gold, farmland and other safe-haven investments. Their “fear portfolios” largely protected them from last week’s market gyrations, when the Standard & Poor’s 500-stock index spiked up and down more than four percent a day for four days straight.
Yet they are also imposing a national price. Recoveries are often led by the investing and risk-taking of the wealthy, and the rich have traditionally been more optimistic about the economy than everyday investors. Yet current surveys show the rich are among the most pessimistic about the economy. Rather than investing in stocks or companies that can create jobs, they are betting on continued volatility and slow growth by hoarding cash, gold and other defensive assets.
“If the wealthy run into the proverbial bunker, then the economy will falter,” said Mark Zandi, chief economist at Moody’s Analytics, a division of Moody’s Corp. “A loss of faith in our economy can quickly become self-reinforcing and self-fulfilling.”
Once Bit, Rich Shy from Risk of Stocks (Wall Street Journal)
August 17, 2011 By Marion Maneker Leave a Comment
The Wall Street Journal’s Robert Frank had a story on Monday that may tell us something about the upcoming Fall auction season. High Net Worth Individuals feel burned by equity markets over the last three years. They’re taking refuge in defensive assets that all behave similarly to art:
“Today, my first principle of investing is do no harm, don’t make major mistakes,” said Mr. Mantell, president of New York-based Mantell Advisory LLC. “It’s not about chasing returns anymore. For me, it’s about real diversification and not being so dependent on traditional equities.”
After taking big risks and big losses in 2008, wealthy investors have become the Cassandras of the financial world, hunkering down with cash, gold, farmland and other safe-haven investments. Their “fear portfolios” largely protected them from last week’s market gyrations, when the Standard & Poor’s 500-stock index spiked up and down more than four percent a day for four days straight.
Yet they are also imposing a national price. Recoveries are often led by the investing and risk-taking of the wealthy, and the rich have traditionally been more optimistic about the economy than everyday investors. Yet current surveys show the rich are among the most pessimistic about the economy. Rather than investing in stocks or companies that can create jobs, they are betting on continued volatility and slow growth by hoarding cash, gold and other defensive assets.
“If the wealthy run into the proverbial bunker, then the economy will falter,” said Mark Zandi, chief economist at Moody’s Analytics, a division of Moody’s Corp. “A loss of faith in our economy can quickly become self-reinforcing and self-fulfilling.”
Once Bit, Rich Shy from Risk of Stocks (Wall Street Journal)
Monday, August 15, 2011
Tuesday, August 9, 2011
Oscar Wilde on the Meaning of Art
You can not be indifferent to art, because art is not something which you take or leave. It is a necessity of human life.
Thursday, August 4, 2011
"Harvesting" by artist Renae Carpenter
Welcome to Renae Carpenter, our newest gallery artist. Renae is a contemporary folk artist which includes artists who have been self-taught, whose work is done in isolation or in small communities across the country. Her work is charming, colorful, and captures the quietness of folk art.
Subscribe to:
Posts (Atom)