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Antiques & Art Quarterly Market Report: 1st Qtr 2011

MAY ADVICE: The current market trend in in a word is — caution — due to several negative dynamics: e.g. the staggering national debt, runaway government spending, mandated health care and its impact on employers that are not exempted by preferential political treatment, the erupting enlightenment within the Islamic World, rising commodity futures, and the recent 9.0 Japan earthquake with its tsunami aftermath. This array of market inhibitors may stall business momentum at a moment when the global economy was emerging from a deep recession that had commenced in January 2008. Until the parameters of these risks are defined, assessed, and measured, the wider market demand for antiques and art will likely remain stagnant in the short term: 5-10 years