This is MacroVoices, the free weekly financial podcast targeting professional finance, high

net worth individuals, family offices, and other sophisticated investors. MacroVoices

is all about the brightest minds in the world of finance and macroeconomics telling it

like it is, bullish or bearish, no holds barred. Now here are your hosts, Eric Townsend

and Patrick Ceresna.

MacroVoices episode 391 was produced on August 31, 2023. I'm Eric Townsend. Brent Johnson

returns as this week's feature interview guest will discuss the reasons Brent thinks

the US dollar bull market is not over yet, and why Brent thinks new highs for the dollar

index are still to come.

And I'm Patrick Ceresna with the Macro scoreboard week over week as of the close of Wednesday,

August 30, 2023. The S&P 500 S&P futures were up 235 basis points to a 45-24. We'll take

a closer look at that chart and the key technical levels to watch in our post-game segment, the US

dollar index down 26 basis points, closing at 103-20. The dollar of finding resistance

at previous 2023 highs, that October WTI crude oil contract, up 283 points to 81-63.

The big question is the correction over. We'll take a look at that chart and post-game

and Eric will have that EIA inventory data. The December gold contract, up 233 basis points

to 1973. It's bouncing off its oversold levels copper up 492 basis points to 384, retracing

the weakness earlier in August and uranium up 402 basis points to 59-45, trading at

new highs for 2023, with the 2022 highs at $64 being the next target. US 10-year treasure

yield down 13 basis points to 412 points, pulling back from retesting those October 2022

highs. The key news to watch is Friday's jobs numbers, and next week we have the Bank

of Canada rate statement. This week's feature interview guest is Brent Johnson, Eric. Why

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