“People sat on the sidelines for 18 months,” said the adviser Candace Worth. “They watched their stock portfolio go up, they’ve got some cash. They’re ready to buy.”
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Not for nothing, it appeared the majority of works on offer at Art Basel this year were studiously apolitical—a sea of lovely abstract paintings that extended across the fair’s 286 galleries. “Of course people are going to play a little bit safe,” said Worth, the adviser. “They pay a lot of money for these booths, they’ve got a lot of staff, and they’re here to sell art. So, you know, that’s no mystery.”