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Daily Financial Advice from Money Morning

After Sotheby’s is sold for $3.7bn, investors should bid on these other art market disruptors

Venerable auction house Sotheby's has been snapped up for $3.7bn, says Chris Carter. But there's plenty of action for investors at the other end of the art market too.
The post After Sotheby’s is sold for $3.7bn, investors should bid on these other art market disruptors was first published on MoneyWeek.

It’s decision time for the US Federal Reserve

The Federal Reserve will soon meet to decide on what to do with US interest rates. Markets are banking on a change of course, says John Stepek. But will the Fed oblige?
The post It’s decision time for the US Federal Reserve was first published on MoneyWeek.

Kier scraps its dividend – how much lower can its share price go?

Shares in construction services company hit a fresh low today, as the company scrapped its dividend payout and announced plans to cut 1,200 jobs in the UK.
The post Kier scraps its dividend – how much lower can its share price go? was first published on MoneyWeek.

What does Lufthansa’s profit warning mean for airline stocks?

German airline Lufthansa issued a profit warning this morning. And it’s not the only airline finding things tough. But are there any bargains in the sector?
The post What does Lufthansa’s profit warning mean for airline stocks? was first published on MoneyWeek.