LONDON (Reuters) - The art world descends on London this week for a packed calendar of fairs and sales, and the talk over cocktails and canapes will center on whether financial turmoil is about to end the art market's gravity-defying boom. Values for contemporary art have set new records over the last year, shaking off U.S. subprime mortgage woes and the subsequent slide in values of property, stocks and oil. But the severity of more recent events on money and equity exchanges around the world, and the crisis hitting the banking sector, mean experts are more cautious about the outlook for high-end art than they have been for several years. "I think it is probably a reason to be more pessimistic -- because the gravity of events has been of such a magnitude," said Anders Petterson, founder of ArtTactic which tracks confidence...
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