I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
I focused on the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP). As global central banks enact loose monetary policies to depreciate their local currencies, the U.S. dollar will continue to strengthen.
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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.