“Global Financial Markets: From Sunshine to Moonshine”, Ron William, RW Advisory

David Osman of IRF is joined by Ron William, the Founder of RW Advisory. In this podcast Ron assesses the underlying cyclical trends in the global financial markets and highlights those sectors and investment styles that should perform well during the remainder of this year from a structural and tactical perspective. ----more---- Ron then discusses the importance of his business cycle roadmap and what it implies for 2027. He says that this, in conjunction with the unfolding convergence of short-, medium- and long-term cycles in the next 5 – 6 years, indicates that we are in a prolonged late-cycle period of slower economic growth and inflation volatility due to potential energy, fiscal and geopolitical shocks. Ron discusses what this will likely mean for short term interest rates, long-term government bond yields and the yield curve in the US and elsewhere over the next 18 months, including the potential for a “generational regime shift”. Ron also explains what this means for world stock markets, with particular reference to the US and the AI investment theme. In addition, he discusses the outlook for the currency and commodity markets, highlighting the prospects the US dollar, gold and Bitcoin in both the near term and the longer term. Ron concludes by highlighting his high-conviction investment recommendations for his preferred markets, sectors and styles, as well as identifying the main risks that investors should watch out for.   Ron William is a market strategist with over 20 years of experience producing macro research, trading strategies and insightful non-consensus ideas for leading economic research and institutional firms. Ron is also a behavioural finance expert, trading psychologist and performance coach. RW Advisory specialises in blended, top-down, semi-discretionary analysis, driven by his cycles roadmap and by his proprietary timing models, which use both quantitative and qualitative techniques.