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U.S. stocks have whipsawed since last Friday, with a sharp sell-off followed by a bounce-back on Thursday. This led the S&P 500 to its strongest session since 2022, leaving it around the 5,310 level. The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches a "make or break" point, according to one strategist. But essentially what that means is a bull trap squeeze, where there's a lot of leveraged, bullish views on [the] back of a consensus soft landing view, which ultimately is now make or break." William described a bull trap as a selling point in which bullish consensus is proven wrong.
Persons: Ron William, CNBC's, William, that's, Ron William's Organizations: Advisory Locations: U.S,
RW Advisory: Triple whammy of headwinds for U.S. stocks
  + stars: | 2024-05-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRW Advisory: Triple whammy of headwinds for U.S. stocksRon Williams, CIO and Tactical Strategist at RW Advisory, talks about headwinds in equity markets and possible upcoming volatility.
Persons: Ron Williams Organizations: Triple, Advisory Locations: headwinds
Many workers have expressed fears that the technology will show up at the office like a young gun coming for their job. Williams expects some of the biggest gains from AI won't center on what companies and workers are doing now. Instead, he sees major wins coming from what workers aren't doing but that AI could. Filling in when help is scarceOne reason jobs sometimes aren't getting done is because there aren't always enough workers. If AI could be deployed to help with this work, the time the task takes might get cut in half, Holding said.
Persons: Heather Holding's, she'd, couldn't, let's, Ron Williams, Williams, that's, Jérôme Pesenti, Pesenti Organizations: AIs, Facebook
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreater market risk expected into the end of the year, strategist saysRon William, market strategist at RW Advisory, discusses the outlook for market risk over the coming months.
Persons: Ron William Organizations: Advisory
His latest film, “Killers of the Flower Moon,” took around seven years to come together, Scorsese and his collaborators explained on a sunny Cannes terrace the day after the Apple-financed project premiered there to glowing reviews. (It will be released in theaters this October, then debut on the streaming service at a later date.) Still, the finished film is very different than the one Scorsese and his star, Leonardo DiCaprio, originally intended to make: The material couldn’t be cracked until they were willing to throw out every notion of what they first thought “Killers of the Flower Moon” should be. There, the Osage Nation is the country’s most prosperous tribe; indeed, the discovery of oil on their land has turned them into the wealthiest people per capita in all of America. "I think Marty and I just looked at each other and we felt there was no soul to it,” DiCaprio said.
Persons: , Scorsese, Leonardo DiCaprio, David Grann, Tom White, William Hale, Robert De Niro, White, Ernest, Eric Roth, Marty, ” DiCaprio, Niro, Hale, you’re Organizations: Apple Locations: Cannes, Oklahoma, Osage, America
Strategist discusses the tech rally
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategist discusses the tech rallyRon William, market strategist at RW Advisory, discusses the S&P 500 and the bond market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPositive outlook for Chinese markets as Covid restrictions ease: RW AdvisoryRon William, from RW advisory, discusses the outlook for the China market and how Covid might have peaked in different Chinese cities, leaving hope for market recovery in the region.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe euro and pound are likely to 'revisit their extreme lows' in 2023, strategist saysRon William of RW Advisory discusses the outlook for the U.S. dollar and other currencies.
In 1952, when Queen Elizabeth II took the throne after the death of her father, same-sex sexual relations were criminalized in Britain. That support has led some to argue that she was a “quiet” supporter of LGBTQ rights, but to others she was just doing her job. Queen Elizabeth II waves to the crowd from the balcony of Buckingham Palace in London following her coronation, on June 3, 1953. Queen Elizabeth II gave both of the measures her royal assent and went on to continue to approve pro-LGBTQ policies. Queen Elizabeth II during a visit to HMS Queen Elizabeth at HM Naval Base, Portsmouth, ahead of the ship's maiden deployment, on May 22, 2021.
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