In a climate of fear, the rich men’s staples sell

US: FEARS of an economic downturn seem to have almost as much effect in the United States as any downturn itself, and there was much talk of recession in the run-up to this year’s Palm Beach International Art and Antiques Fair, the Florida phenomenon which organiser David Lester has taken to the premier league in just five years.

This year’s line-up of some 80 top dealers added names like New York’s Richard Feigen and Acquavella…

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