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The Latest Breaking News from Spy

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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Evening Standard

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…

StockNews.com

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.

Evening Standard

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Is this the next FTSE 250 takeover target?

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

Evening Standard

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…

StockNews.com

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.

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.

Evening Standard

Paula Vennells' charity work

There’s been acres of media coverage of the disgraced Paula Vennells in recent weeks – largely in relation to her activity on the board of the Post Office.

Evening Standard

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StockNews.com

Surprise Reason Behind Stock Breakout?

Why is the S&P 500 (SPY) making new highs? And what is the outlook for stocks coming into the quite important 1/31 Fed meeting? Investment pro Steve Reitmeister shares his views along with a preview of his top 13 trades to excel in weeks and months ahead. Read on below…

Evening Standard

Protest at the London Stock Exchange? Don't make me laugh

Spy took some strange pleasure this week from the mastermind protesters who thought that by chaining themselves to the front door of the London Stock Exchange and stopping people from getting in this would somehow stop the market trading.

Evening Standard

Another spy in the City?

This week, the gambling trade press reported that London-listed casino software firm Playtech has promised to investigate claims of multi-year corporate espionage.

StockNews.com

Quality Stocks In…Garbage Stocks Out!

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…

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news in one place.

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Evening Standard

TDR Capital's phantom menace

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…

Evening Standard

Is Ian Hislop packing his bags at Private Eye?

That’s enough, Ed.

Evening Standard

Financial Times could fall behind City AM's print circulation in 2024

Red faces at the Pink’un

StockNews.com

When Will Stocks Break to New Highs?

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…

Evening Standard

Bank of England governor Andrew Bailey's early Christmas present to the City

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.

StockNews.com

2023 Stock Market Lessons Learned

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…

StockNews.com

Stock Trading Plan AFTER the Fed Meeting

If you were to ask Chairman Powell if there is a “dovish tilt” by the Fed who would say emphatically no. That is because they are open to raising rates again if needed. However there is ample reason for investors to call his bluff given numerous facts in hand that…

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