---
title: Should we consider this as a leading indicator?
description: "Sotheby’s revenue from commissions and fees on sales fell -18% \nProfit before tax at Sotheby’s Holdings UK fell -21%\n\nSource: The Coastal Journal"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Should we consider this as a leading indicator?](https://blog.syzgroup.com/syz-the-moment/should-we-consider-this-as-a-leading-indicator)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Sep 11, 2025, 11:48:31 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/should-we-consider-this-as-a-leading-indicator)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2025-09-11T11:48:31.639Z",
  "datePublished" : "2025-09-11T11:48:31Z",
  "headline" : "Should we consider this as a leading indicator?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1342,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/8-Sep-11-2025-11-46-30-3545-AM.jpg",
    "width" : 1206
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/should-we-consider-this-as-a-leading-indicator",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```