The truth is that while I love museums and galleries (and I buy all of my art from great galleries in NYC and around the world and spot talents on the rise in museum shows), the whole concept of just seeing a piece of art hanging on a white wall seemed too out of touch from my reality.
When Wachovia, for instance, announced its profit decline earlier this month, it said the deal flow has slowed and investors are skittish in the face of liquidity challenges - which means, until it becomes clearer how deep these losses have been, there's going to be sort of a cloud hanging over Wall Street, and also over the economy as a whole because this affects the housing market.