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The Latest Breaking News from Spy

We all enjoy stock rallies more than the pullbacks and corrections. However, the recent bounce for the S&P 500 (SPY) getting ever nearer the previous highs may be too good to be true with more downside ahead. Why is that? 44 year investor, Steve Reitmeister, shares this updated marketing outlook…

StockNews.com

St. John pigs’ trotters could be coming to your high street

The 30th birthday of St. John, that culinary cathedral on the edge of the City, is fast approaching. And might it be marking the occasion with a scheme to bring bone marrow on toast and pigs’ trotters to every postcode in London?

Evening Standard

Investor Alert: Healthy Pause for Stock Market

This recent pullback very much looks like a “healthy pause” for the stock market as the S&P 500 (SPY) comes off recent highs. What is the cause of the pause? How long will it last? What happens afterwards? And how to make money in this market? Steve Reitmeister will answer…

StockNews.com

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How Low Could Stocks Go?

The S&P 500 (SPY) is starting to test key support levels for the first time since November 2023 given continuing signs that Fed rate cuts are getting pushed further and further into the future. This begs the question of “how low could stocks go?” 44 year investment veteran Steve Reitmeister…

StockNews.com

Does the Stock Market Have Indigestion?

The easy gains have already rolled in for the S&P 500 (SPY) to new heights. However, signs point to stocks entering a stage of “digestion”. What does that mean? And what does it tell us about investing in stocks the rest of the year? Steve Reitmeister shares his time views…

StockNews.com

Conservative MPs turn to the Lords for AI policy

Spare a thought for the Conservative Party, which is rapidly haemorrhaging top talent. A report in the Guardian last week found the so-called natural party of government is set to lose nearly 1,000 years of Commons expertise after 66 experienced MPs announced plans to step down at the next election.

Evening Standard

Pinkflation: Financial Times subscription price more than doubles for loyal readers

Spy’s faith in Fleet Street was severely tested this week by an email from the City’s nearest equivalent to the Bible. The paper edition of the FT flutters daily through the letterbox of Spy Towers, providing 20-odd pages of news, opinion and even the odd review.

Evening Standard

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Investor Alert: “Buy the Rumor, Sell the News!”

Everyone knows that the Fed is going to cut rates at some point this year. That is the worst kept secret on the planet helping to explain how we keep making new highs for the for the S&P 500 (SPY). Unfortunately that creates an interesting predicament for stocks after rates…

StockNews.com

A familiar discussion at Fuller's

When 179-year-old pub chain Fuller, Smith & Turner appointed Simon Emeny as its new boss, the company tried something completely new: He was the first CEO not to be related to the Fuller, Smith or Turner family.

Evening Standard

Is Nick Ponting's winning streak at risk of running out?

“Oooh,” Spy hears you ask, “whatever happened to former badminton mixed doubles world number one, Nick Ponting?”

Evening Standard

Stock Investors: Why Are You So Bullish???

It’s easy to ignore bad news when the S&P 500 (SPY) is making new highs and our net worth is on the rise. Unfortunately it is often at these heights that the first signs of trouble appear...but are hard to see at first. That is why you need to read…

StockNews.com

Indian billionaire Shamsheer Vayalil snaps up £31 million Holland Park mansion

It’s been a tough year for those trying to get on the housing ladder. Mortgage rates have been at their highest in over a decade, adding tens of thousands to the cost of a new home. But things are still peachy at the top end of the market. In one small corner…

Evening Standard

Mormon property fund praying for new tenants in the City

Will the property generate the demand needed to justify the £100 million 2019 purchase price?

Evening Standard

Does Superdry's Julian Dunkerton have a zip problem?

Superdry has bigger problems on its hands than this, but Spy has to ask

Evening Standard

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Is a Stock Bubble Forming?

We all have Nvidia (NVDA) to thank for the S&P 500 (SPY) finally breaking above 5,000. Truly one of the most impressive earnings announcements in years. Yet the valuation for NVDA, and the rest of the mega cap tech space is getting lofty calling into question whether a bubble is…

Evening Standard

Has Crispin Odey struck gold?

It was not a great 2023 for City stalwart Crispin Odey. The former Harrow and Oxford boy was kicked out of his own business, Odey Asset Management, before the firm eventually closed down after investors yanked their cash out of it as fast as they could.

Evening Standard

Proxxi AI, Charlie Muirhead's secret new venture

New AI firms seem to be popping up all over the place. Many will be a dud and fold in a year — but the ones with a well-known backer tend to show more promise.

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Evening Standard

Is this the next FTSE 250 takeover target?

There’s already been a dealmaking rebound this month. Is another acquisition in the works?

StockNews.com

Delving Into SPY and IYY: The Compelling Choice for Large Cap ETF Investors

The U.S. economy holds its ground, evidenced by easing inflation, a flourishing job market, and anticipated rate cuts this year. In light of the resilient macroeconomic backdrop, adopting a bullish stance on two large-cap ETFs, iShares Dow Jones U.S. ETF (IYY) and SPDR S&P 500 ETF Trust (SPY), could yield…

StockNews.com

Are Stocks in a “Sticky” Situation?

The breakout above 5,000 for the S&P 500 (SPY) looked pretty well confirmed on Monday. But on Tuesday investors got an unwelcome memo from the CPI report showing that inflation is a bit too sticky these days. With that stock prices plummeted in a hurry. What happens next? Steve Reitmeister…

Evening Standard

Revolution Beauty's Adam Minto makes fresh career move

Revolution Beauty this week sought to draw a line under its long-running saga with founder and former CEO Adam Minto, who agreed to cough up £2.9 million in cash in a settlement over his somewhat idiosyncratic management style.

Investors Business Daily

SPY Stock: How To Use Options To Protect Your Portfolio

Using put options, you can give up a little upside gain for protection against large losses.

Evening Standard

Issa brothers sign new auditor after EY and KMPG resign in 2023

Spy noted with interest the reporting over the weekend that EY had resigned as auditor for Asda.

Evening Standard

Bloomberg's millionaire users offload their unwanted Rolexes

‘Not wearing a Rolex’ was the title of Bloomberg’s inventively-named ‘London Rush’ newsletter last week.

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