Special Report: Your 10 best moves for the rest of 2023–Part 1, 10 trends for the rest of 2023

Special Report: Your 10 best moves for the rest of 2023–Part 1, 10 trends for the rest of 2023

In this Special Report I’m going to start by sorting out the data that the market’s moves will likely depend on for the rest of 2023. That’s today’s post, Part 1 of this Special Report. Then I’ll try to handicap the likelihood that the data will zig or zag. And give you a sense of how far away from the current consensus the actual result might fall. And then finally, I’ll give you 10 moves for the rest of 2023 that are the most likely, in my opinion, to result in profits and that won’t wind up costing you big if the data winds up throwing investors a curve.

Japan sticks to stimulus and BOJ stays out of step with Fed and ECB–dollar climbs

Japan sticks to stimulus and BOJ stays out of step with Fed and ECB–dollar climbs

It’s certainly a novel take on fighting inflation. On Thursday, the government of Japan announced $197 billion in new stimulus spending. And the Bank of Japan said it has no plans for an early increase in interest rates. The overnight interest rate at the Bank of Japan is at negative 0.1% and the bn k continues to keep the yield on the 10-year bond at 0%. This isn’t the traditional way to fight inflation, which in September ran at 3% in Japan.

Watch my new YouTube video now: Will the Strong Dollar Crash the Global Economy?

Watch my new YouTube video now: Will the Strong Dollar Crash the Global Economy?

My one-hundred-and-seventy-second YouTube video: “Will the Strong Dollar Crash the Global Economy?” went up today. We need to talk about a crisis. During this period of the strong dollar, (in comparison with the rest of the global economy), central banks are in a tough position. It’s a no-win situation and has me worried about the global economy as a whole. Watch the video to see my suggestions going forward.

Dollar is back on the march; Treasuries slide again

Trick or trend: Anticipation of bigger interest rate increase from the Fed leads to a stronger dollar–add to dollar ETF UUP

In the last week, as odds have climbed of a 75-basis-point interest rate increase from the Federal Reserve at its September 22 meeting, the U.S. dollar has reversed its slide during the last two weeks of July.
Stands to reason. Higher U.S. interest rates make dollar-denominated assets, such as Treasuries, more attractive. More dollar buying, stronger dollar.

Dollar is back on the march; Treasuries slide again

Adding Invesco Dollar Bullish Fund ETF to three portfolios

In my July 7 YouTube video: “Quick Pick UUP” I added the Invesco DB U.S. Dollar Index Bullish Fund (UUP) to my Perfect 5 ETF Portfolio. (To replace the Consumer Staples Select Sector SPDR ETF (XLP) in that portfolio. More on that in another post today.) Today I’m also going to add this dollar ETF to my Volatility Portfolio and to my Jubak Picks Portfolio. I’m setting a target price of $33.20 in the Jubak Picks Portfolio. You should take the fact that I’m adding a dollar position to three portfolios as an indication of how strongly I feel about a continued strong dollar.

Trick or Trend: Strong dollar continues to  beat  up on gold

Trick or Trend: Strong dollar continues to beat up on gold

Gold fell below $1800 an ounce this week to close at $1742 per ounce for August delivery on the Comex in New York. And frankly, I don’t see gold turning around until 1) we get a signal from the Federal Reserve that the biggest interest rate increases are behind us, or 2) we get a big, bigger, biggest fear-inducing event that sends everybody scurrying to their hedges. Until then, I think a stronger dollar will continue to pressure gold (and silver) lower.

Please Watch My New YouTube Video: Quick Pick UUP Dollar ETF

Please Watch My New YouTube Video: Quick Pick UUP Dollar ETF

My one-hundred-and-fifty-fifth YouTube video “Quick Pick UUP Dollar ETF” went up today. In my video yesterday (if you missed it, go watch!) I explained why a strong dollar has hit commodity stocks hard, and why I think the dollar will continue to be strong. One strategy I suggested: Investing in an ETF that tracks the dollar. My recommendation here is Invesco Dollar Index Fund (UUP). I’ll be adding it to my ETF Portfolio on my JubakAM.Com subscription site on July 8.