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ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

Inside ‘Prince of Prints’ Jordan Schnitzer’s Sprawling Collection

Jordan Schnitzer, the Portland-based philanthropist often called the 'Prince of Prints,' recently provided a rare tour of his massive 50,000-square-foot art warehouse. The facility utilizes a sophisticated 'floating bin' logistics system, similar to those used by major retailers, to manage over 22,000 works, including extensive holdings by Andy Warhol, Joseph Beuys, and Richard Prince. Schnitzer’s foundation operates as a lending library, frequently shipping works to museums and hosting educational tours for students from districts where arts funding has been eliminated.

Desperate, Scared, But Social at UC Irvine Langson Orange County Museum of Art

The group exhibition "Desperate, Scared, But Social" at the UC Irvine Langson Orange County Museum of Art (Langson IMCA) explores the complexities of contemporary social dynamics and collective anxiety. The show brings together diverse artistic perspectives to examine how individuals navigate a landscape defined by political instability, environmental concerns, and the pervasive influence of digital connectivity.

Comment | Catherine Opie shows us that in dark times, looking for joy can be radical

The artist Catherine Opie is currently the subject of a major three-decade portrait survey, 'To Be Seen', at the National Portrait Gallery in London. The exhibition highlights Opie’s career-long commitment to representing the LGBTQ+ community, specifically the leather dyke scene in Los Angeles, through a lens that balances defiance with playfulness. Even her most provocative works, such as the 1993 self-portrait featuring a domestic scene carved into her back, are revealed to contain elements of humor and historical allusion that counter the despair of the AIDS crisis and personal heartbreak.

Works from Marian Goodman’s Collection to Anchor Christie’s May Sales

Christie’s has announced that it will auction works from the personal collection of the late legendary dealer Marian Goodman during its May marquee sales in New York. The collection is headlined by seven paintings by Gerhard Richter, including the iconic 1982 work *Kerze (Candle)*, which carries an estimate of $35 million to $50 million. The total group of works from Goodman’s Manhattan home is expected to realize approximately $65 million.

Hirshhorn Museum Director Melissa Chiu Leaves for Guggenheim, Another Smithsonian Departure

Melissa Chiu has been appointed as the new director of the Guggenheim Museum in New York, departing her long-standing role at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. Starting September 1, Chiu will report to Mariët Westermann, CEO of the Solomon R. Guggenheim Foundation, effectively splitting the leadership responsibilities previously held by Richard Armstrong. During her decade-long tenure at the Hirshhorn, Chiu was known for staging massive blockbuster exhibitions, including the record-breaking Yayoi Kusama "Infinity Mirror Rooms" show, though she also faced criticism for commercial ventures like a reality TV competition.

Do We Have Duchamp All Wrong? A Brilliant MoMA Retrospective Reintroduces One of Modernism’s Greats

The Museum of Modern Art has launched a massive retrospective of Marcel Duchamp, featuring over 300 works spanning the artist's career from the early 1900s to the late 1960s. Organized in collaboration with the Philadelphia Museum of Art, the exhibition eschews a heavy-handed narrative in favor of a methodical, factual presentation. Key highlights include the controversial "Genre Allegory" (1943) and his iconic readymades, alongside his early experiments in painting like "Nude Descending a Staircase (No. 2)."

Are We Too Reverent of Marcel Duchamp?

The Museum of Modern Art has launched a major retrospective of Marcel Duchamp, co-organized with the Philadelphia Museum of Art. The exhibition tracks the artist's evolution from his early Cubist experiments and the scandal of 'Nude Descending a Staircase' to his radical invention of the readymade, exemplified by the infamous urinal, 'Fountain'. The show presents a comprehensive look at 'The Duch' through a reverential, church-like atmosphere, concluding with his later years as a dapper, enigmatic figure of the avant-garde.

Paying tribute to storied printmaker Kenneth Tyler at the IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair at the Park Avenue Armory is honoring the legacy of master printer Kenneth E. Tyler. A central highlight of the event is the presentation by the National Gallery of Australia (NGA) of a new three-volume catalogue raisonné documenting Tyler Graphics from 1986 to 2001. The 94-year-old Tyler, a foundational figure in American printmaking, collaborated with titans of Modern art including Robert Rauschenberg, Helen Frankenthaler, and Roy Lichtenstein across his storied career at Gemini GEL and Tyler Graphics.

A Duchamp Retrospective at MoMA Presents an Artist Who Challenged the Very Definition of Art

The Museum of Modern Art (MoMA) has launched a major retrospective of Marcel Duchamp, marking the first comprehensive North American survey of the artist’s work in over 50 years. Co-organized with the Philadelphia Museum of Art and the Centre Pompidou, the exhibition traces Duchamp’s evolution from his early Cubo-Futurist paintings to his revolutionary "Readymades" and optical experiments. The show features seminal works such as Nude (Study), Sad Young Man on a Train and explores his various personas, including his female alter ego, Rrose Sélavy.

The Dealers: Marta Makes Magic

The article profiles Marta, a prominent art dealer in Los Angeles, highlighting her recent activities and influence within the contemporary art scene. It details her gallery's program, her relationships with artists, and her specific curatorial approach that has garnered significant attention.

Giant Golden Toilet Sculpture Appears Near Lincoln Memorial in D.C.: ‘A Throne Fit for a King’

An anonymous artist collective known as the Secret Handshake has installed a 10-foot-tall golden toilet sculpture titled 'A Throne Fit for a King' near the Lincoln Memorial in Washington, D.C. The work is a satirical monument to former President Donald Trump's controversial renovation of the White House's Lincoln Bathroom, which he outfitted with gold fixtures during a government shutdown.

Which Artists Are Insiders Searching For? After 10 Years, Not Much Has Changed

Artnet's Price Database analysis reveals that the most-searched artists by its users have remained remarkably consistent over the past decade. Pablo Picasso, Andy Warhol, and Marc Chagall continue to hold the top three positions, with David Hockney and Yayoi Kusama joining the list, while Salvador Dalí and Lucio Fontana have dropped off.

david hockney abstract art serpentine galleries 1234778992

David Hockney has launched a critique against the prevalence of abstract art while debuting his latest exhibition, "A Year in Normandie and Some Other Thoughts About Painting," at the Serpentine Galleries. The 88-year-old artist, recovering from an infection at his Kensington studio, presented a nearly 300-foot-long frieze of iPad drawings depicting the seasonal shifts of his Normandy gardens. The show emphasizes Hockney's commitment to figurative representation and observation, utilizing new stippling techniques and reverse-perspective compositions.

midseaon auctions 2026 analysis jeff koons 1234775448

Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

tate liverpool director helen legg royal academy of arts 1234777854

Helen Legg has been appointed as the new artistic director of the Royal Academy of Arts in London, transitioning from her current role as director of Tate Liverpool. Starting in June, Legg will oversee the institution’s exhibitions, collections, and public programming, succeeding a period of leadership that saw her manage a major $46 million renovation project at Tate's northern outpost.

Mother Exhibition Palazzo Reale Milan

mother exhibition palazzo reale milan 329527

Milan’s Palazzo Reale has launched "The Great Mother," a massive exhibition exploring the evolution of motherhood and female power throughout the 20th and 21st centuries. Curated by Massimiliano Gioni and produced by the Nicola Trussardi Foundation, the show features over 400 works by 127 international artists, including Louise Bourgeois, Cindy Sherman, and Rineke Dijkstra. The exhibition spans 29 halls, juxtaposing avant-garde historical works with contemporary installations to examine how gender roles and the maternal image have been constructed, challenged, and reclaimed.

museum openings 2026 2727478

Major international museum projects are nearing completion for 2026, signaling a period of significant institutional expansion despite global economic and political pressures. Key highlights include the long-awaited Guggenheim Abu Dhabi, designed by Frank Gehry, which will finally open its doors on Saadiyat Island after two decades of planning. Meanwhile, Los Angeles is preparing for two major debuts: George Lucas’s $1 billion Lucas Museum of Narrative Art and Refik Anadol’s Dataland, a dedicated space for AI-driven digital art.

Curating Around Social Urgencies: How Artists Refuse Quietism

The article focuses on the curatorial approach and artistic ethos of the 2025 edition of the 'Made in L.A.' biennial, highlighting how artists are actively engaging with pressing social and political issues rather than retreating into quietism or abstraction. It examines specific works and the overall thematic drive of the exhibition, which is organized by the Hammer Museum and the Huntington Library, Art Museum, and Botanical Gardens.

Interview with Kelly Wall

The article is an interview with artist Kelly Wall, conducted by Olivia Gauthier, published in the February 2026 issue of Contemporary Art Review LA. It appears within a broader issue exploring themes like scent in art, tarot, and social urgencies in contemporary practice.

Damien Hirst offers his hot take on art dealers

On a recent podcast, artist Damien Hirst identified his manager, Joe Hage, as the most influential person he's met, praising his work with other major artists. Hirst also downplayed the role of major galleries like Gagosian and White Cube, comparing them to 'estate agents,' and revealed a new private commission: an amethyst-encrusted grotto for the Getty family.

massive 44 foot long david hockney print to headline christies spring prints season in london 1234777342

Christie’s London has announced that David Hockney’s monumental print 'Autour de la maison, été' (2019) will headline its spring prints season. Measuring nearly 40 feet long and printed on a single sheet of paper, the work depicts the artist’s Normandy estate with a high estimate of £300,000 ($400,000). The piece is noted for its cinematic scale and narrative structure, drawing direct inspiration from the medieval Bayeux Tapestry.

jonathan yeo snap augmented reality sxsw 2753266

British portrait artist Jonathan Yeo is bringing his augmented reality exhibition, "Spectacular," to South by Southwest (SXSW) in Austin following its debut at the Centre Pompidou. Developed in collaboration with Snap Inc., the showcase utilizes AR glasses to animate Yeo’s traditional oil paintings, including his famous portrait of King Charles III and a depiction of Cara Delevingne. The experience allows viewers to interact with the works, such as having a digital butterfly from the King's portrait land on their hand, while exploring the intersection of static portraiture and immersive technology.

nigo london design museum retrospective 2744721

London’s Design Museum has announced a major retrospective for the Japanese creative polymath NIGO, marking his first significant museum exhibition outside of Japan. Opening in May, the show will feature over 700 objects, including vintage clothing, childhood artifacts, and runway looks that trace his evolution from a punk-influenced student at Bunka Fashion College to the founder of A Bathing Ape (BAPE) and the current artistic director of Kenzo.

aardman immersive lightroom experience 2752304

Aardman Animations is set to celebrate its 50th anniversary with a major immersive exhibition titled "Larger Than Life: Starring Wallace & Gromit, Shaun and More" at London’s Lightroom venue. Opening in October 2026, the 50-minute experience will utilize 36-foot-high projections to showcase the studio's claymation legacy, featuring archival footage, original sets, puppets, and newly created animation sequences. The show will be narrated by co-founders Peter Lord and David Sproxton alongside various voice actors, tracing the studio's history from its school-day origins to its status as an employee-owned powerhouse.

Art as Memorial in Lotusland

The article "Art as Memorial in Lotusland" by Aleina Grace Edwards appears in the February 2026 issue of Contemporary Art Review LA (CARLA). It is part of a larger issue exploring themes like scent in art, tarot, social urgencies in curation, and video art, positioning it within a critical discussion of contemporary art practices in Los Angeles.

christies triple header 20th and 21st century evening sales nets 265 m as london proves its still a draw to collectors 1234776027

Christie’s London achieved a robust £197.5 million ($265 million) across a triple-header of evening sales, including the 20th/21st Century, Art of the Surreal, and the Vanthournout Collection auctions. The evening was headlined by a record-breaking £26.3 million sale of Henry Moore’s bronze sculpture 'King and Queen', alongside new auction highs for Surrealist artists Toyen and Dorothea Tanning. Despite some pre-sale withdrawals and a marathon four-hour runtime, the house achieved a 96 percent sell-through rate by lot.

scottsdale art week 2026 2750857

Scottsdale Art Week is returning for its second edition from March 19–22, 2026, at the Westworld of Scottsdale. The fair will feature over 110 international and local galleries, showcasing a mix of blue-chip modern and contemporary works alongside historic, Indigenous, and Western art. This year's event includes partnerships with major regional institutions like the Phoenix Art Museum and the Denver Art Museum for a series of curated programs and panel discussions.

christies anime manga new york sale 2749252

Christie’s is launching its first New York auction dedicated to Japanese anime and manga, titled "Anime Starts Here: Japanese Subculture Reimagines Tradition." Scheduled for March 18–31 during Asian Art Week, the online sale features over 40 lots including original production cels from Hayao Miyazaki’s films, manga drawings by Tezuka Osamu, vintage Godzilla posters, and Hokusai prints. Most items are priced accessibly, with many estimates falling below $3,000.