This Monet painting’s return on investment just blew away the S&P 500

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

This Monet made some serious mo-ney.

Try telling that to art lovers. Especially after what happened Tuesday night.

Not only is that reported to be the highest amount ever paid for an impressionist painting, as well as the first time an impressionist has sold for more than $100 million, it also marks a spectacular, equities-crushing return on investment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The last time a painting must have beaten the S&P must have been late 2007 early 2008...

The dumbest of takes.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grading the market: A routine pullback or has the trade war damned the S&P 500 to a trading range?An urgent trade-talks deadline and the Uber IPO drove the harshest pullback of the year for stocks but also served to test the resilience of Wall Street's bulls. That trading range is derived from the exchange of money between investors—the Ponzi process. Only observable truth 👇
Source: CNBC - 🏆 12. / 72 Read more »