“In 2016, the art market received what it had purportedly wished for – some of the speculative froth came off the top of the market, easing fears that a bubble would burst and hurt the industry. But it also received much of what it probably did not forecast or desire: a 30% drop in overall market volume, a series of high-profile disputes, court actions and authenticity issues that resulted in substantial payouts, and a fall-off in attendance at some art fairs that read to some as cultural cooling-off at the bling end of the contemporary art business.”