The Latest Breaking News from Spy

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

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

Stocks keep flirting with the all time highs for the S&P 500 (SPY) and keep falling short. Meaning this is proving to be a stubborn level of resistance at 4,800. Why is that happening? And when will stocks finally break above? 43 year investment veteran Steve Reitmeister shares his view…

The co-owners of Asda, private equity firm TDR Capital, got a grilling before Parliament on Tuesday. They sought to convince the Business and Trade Committee that they were maximally transparent with the business — even though most of their activities are based in Jersey where they don’t have to disclose…

That’s enough, Ed. 

Red faces at the Pink’un 

The post 11/1 Fed meeting bull rally has been very impressive. The S&P 500 (SPY) is knocking on the door of the all time highs. However, small caps are still a long way away from their past peak. Discover why investment veteran Steve Reitmeister is pounding the table on small…

Picture the scene: Threadneedle Street, in the heart of the Square Mile, a bowler hat’s throw away from several of City Spy’s best-capitalised pubs and bars.  

If we don’t honestly review the lessons of the past, then we are likely doomed to repeat those same mistakes in the future. Not only is that foolish...but highly unprofitable. And that is the importance of doing this annual review of 2023 Stock Market Lessons Learned to improve our odds…