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The Personal Wealth CoachWeekly Market Insights March 3 - 7, 2025Welcome to another exciting episode of The Personal Wealth Coach Podcast with your hosts, Jeff and Jake McClure.
Are you ready to navigate the ever-changing world of finance with confidence? This week, Jake McClure is flying solo, bringing you sharp insights into the latest market movements, economic trends, and what they mean for your financial future. From the stock market's unexpected twists to the impact of tariffs and inflation, we break it all down in a way that's both informative and entertaining.
Get ready for a deep dive into what’s shaping the economy—no fluf...2025-03-0849 minThe Personal Wealth CoachThe Personal Wealth Coach TrailerWelcome to another episode with Jeff and Jake McClure from TPWC!
Seeking insights that resonate with your wealth management goals? This is Jake, and Jeff McClure, together we are 'The Personal Wealth Coach podcast, exploring the intersection of economics and history and how it influences your financial journey. Understand the big picture of the U.S. and global economies, market trends and policies with us for clearer investment strategies. Stay ahead, stay informed, with 'The Personal Wealth Coach' podcast for smarter financial decision-making.
If you would like to contact us, please send an email to us a...2023-12-2000 minThe Personal Wealth CoachEp.52 - part 2 - Listener’s Question: Does the Fed Really Know What They Are Doing?One of the prime missions of the Federal Reserve Board is to maintain the value of the dollar; adjusting the money supply to hold a dependable value. Did the Fed create the current surge in inflation? Given that inflation is at high levels for all major international currencies, probably not. Rather, the surge of inflation we are experiencing was more likely caused by the pandemic and the supply chain issues that our change in behavior created.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Does the Fed Know Wh...2022-02-1236 minThe Personal Wealth CoachEp.49 - part 2 - Things That Cause the Market to Go Up and DownMarket moves are commonly blamed on some event or other apparent cause, however; many market moves are just random noise.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Omicron Variant @1:33
Big Tech Companies are Rebranding Themselves @8:10
Seasonal Adjustment @17:15
What Happened to Cryptocurrency? @29:57
And more!
This episode was recorded on December 4th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the co...2021-12-3139 minThe Personal Wealth CoachEp.49 - part 1 - What Happened to the Market This Week? (11/29 - 12/03)Whether it’s a good economy or a bad economy, it is important to have short-term cash reserves on hand, live within your means, be diversified, and invest for the long-term.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/29 – 12/3) @8:02
Why Has The Turkish Lira Been So Volatile? @19:24
The Weekly Wrap-up by Jeff @31:43
And more!
This episode was recorded on December 4th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com...2021-12-2934 minThe Personal Wealth CoachShort Episode: What Are Unusual Things to Hold in Your IRA?A properly constructed and custodially held self-directed IRA can hold assets like precious metals, cattle, oil, or even houses, but a strict adherence to the rules is required to prevent it from being disqualified and the owner incurring severe penalties.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Can you put precious metals or other alternative investments in an IRA? @2:33
What Are the Accounting Standards in China? @11:50
10-Year Breakeven Inflation Rate @18:10
And more!
This episode was recorded on November 13th, 2021.
If you would lik...2021-12-2121 minThe Personal Wealth CoachEp. 48 - part 2 - Fundamental Changes Facing InvestorsIf you are retired or thinking about retiring and think that the old 60% stock and 40% bond portfolio is the way to go because it worked in the past, you may be in for a disappointment.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Solar Industry @4:08
Big Companies Are Splitting @15:20
Ongoing Shortage of Labor @28:40
Fundamental Changes Facing Investors @33:38
And more!
This episode was recorded on November 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Ja...2021-12-1740 minThe Personal Wealth CoachEp. 48 - part 1 - What Happened in the Market This Week? (11/8 – 11/12)In short, ongoing supply chain issues and labor shortages are still challenging our economy but overall, the economy is humming nicely. There are a lot of positive indications that make an optimistic economist think we might be out of these challenges sometime next year.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/8 – 11/12) @5:30
The Highest CPI @12:00
Coal Shortage in China @23:17
Wrap-up by Jeff @30:20
And more!
This episode was recorded on November 13th, 2021.
If you would like to contac...2021-12-1532 minThe Personal Wealth CoachEp.47 - part 3 - One of the Most Important Rules in Personal FinanceThere is one crucial thing that has not changed over the years about personal finance. First, get your savings in cash in a bank or somewhere safe to cover your near-term emergencies expenses. Make sure that you are living within your means, not overfilling your credit cards. Then start allocating money for your future.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Fed Chairman Powell’s Term Ends in 2022 @2:40
What Is A Ponzi Scheme? @7:37
An Update on Infrastructure Bill @17:49
US Trade Deficit @27:18
401 (k) Contribution @33:28
And more!
Th...2021-11-2636 minThe Personal Wealth CoachEp: 47 - part 2 - What 9% Savings Rate Can Tell UsThis Pandemic has changed the way people think about their money. We started accumulating more cash than we have in decades. If we expect to keep receiving stimulus checks, we would not see 9% savings rate.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Why Did the Market Go Up Even After the Fed Reduced the Stimulus Payments? @4:55
Update on Inflation @27:27
China’s Manufacturing Activities are Shrinking @33:32
Behavioral Changes in Personal Finance @37:26
And more!
This episode was recorded on November 6th, 2021.
If you would like to...2021-11-2243 minThe Personal Wealth CoachEp.47 - part 1 - What Happened in the Market This Week? (11/1 – 11/5)The decline in productivity in the third quarter of 2021 was probably because we were hiring many new employees who needed training and that training took experienced employees away from productive work to do the training.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/1- 11/5) @7:23
The Employment Situation Summary Was Released @18:37
And more!
This episode was recorded on November 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Ja...2021-11-1926 minThe Personal Wealth CoachEp. 46 - part 2 - Inflation: From The Basic Concept to Hedges Against InflationWhat is Inflation? Explaining everything about Inflation is extremely hard, but the concept of Inflation can be simplified. Inflation happens anytime you find yourself paying more for any product or service that hasn’t gotten any better than it was.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Let’s Talk About the Concept of Inflation @1:18
Current Inflation is Largely Caused by Supply Chain Issue @14:28
What Are Great Hedges Against Inflation? @38:18
And more!
This episode was recorded on October 23rd, 2021.
If you woul...2021-11-1743 minThe Personal Wealth CoachShort Episode: What is ESG Investing (Environmental, Social, and Governance)?There is a lot of confusion about ESG simply because ESG is easy to say but hard to prove. Based on history, it has been clear that if you are limiting the field of your investments, your performance would likely suffer compared to people who have a whole field open to them.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What is ESG Investing (Environmental Social and Governance)? @1:55
And more!
This episode was recorded on October 23rd, 2021.
If you would like to c...2021-11-1522 minThe Personal Wealth CoachEp. 46 - part 1 - What Happened in the Market this Week? (10/18 - 10/22)Companies such as Tesla and American Express have reported their earnings recently. So far, the earnings across the S&P 500 were being reported higher than the market had risen during that time. Based on these new earnings, the market still looks fairly priced.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market? (10/18 – 10/22) @7:59
And more!
This episode was recorded on October 23rd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpw...2021-11-1119 minThe Personal Wealth CoachShort Episode: What is a Digital Dollar? How Does it Work?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Is a Digital Dollar? How Does it Work? @1:16
This episode was recorded on September 11th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the pod...2021-10-3020 minThe Personal Wealth CoachEp. 45- part 2 - Big Picture in the Global EconomyPeople who attempt to time the market historically have had the poorest returns of any identified group of investors while well-diversified investors who have ridden out downturns have generally gone on to positive returns.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Big Picture in the Global Economy @0:54
Be Prepared For a New Bill @18:30
Intel Will Invest Up to $95 Billion in European Chip-Making @26:01
And more!
This episode was recorded on September 11th, 2021.
If you would like to contact us, please send an email to...2021-10-2730 minThe Personal Wealth CoachEp.45 - part 1 - What Happened in the Market This Week? (9/6 – 9/10)For the past several decades, when the stock market has declined, the bond market has risen, but that relationship appears to have broken down in the recent past.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (9/6 – 9/10) @4:36
What You Should Know About El Salvador @16:30
Wrap-up by Jeff McClure @26:02
And more!
This episode was recorded on September 11th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
...2021-10-2528 minThe Personal Wealth CoachEp.44 - part 3 - Why Have Our Exports Prices Gone Up Faster Than Our Imports Prices Have?Disability sometimes leads to innovation. When the old ways don’t work as well and there is a breakdown, in a free enterprise system like ours, it tends to lead to new inventions, new methods, and a technological leap forward. That is how we innovate in America. Until something doesn’t work anymore, we tend to stick with it, but when the need arises, we invent.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Our Export Prices Have Gone Up Faster Than Our Import Prices Have @2:33
Is Our Export...2021-10-2431 minThe Personal Wealth CoachEp.44 - part 2 - What Happens at the end of a Bull Market?When interest rates finally hit bottom and start up again in long interest rate cycles, it marks the end of a bull market in bonds and the beginning of a bond bear market.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happens at the End of a Bull Market? @2:07
Question about Correction @13:14
How Will Rising Interest Rates Affect the Government Borrowing? @23:18
And more!
This episode was recorded on October 16th, 2021.
If you would like to contact us, please send an email to us...2021-10-2240 minThe Personal Wealth CoachEp.44 - part 1 - What Happened in the Market This Week? (10/11 – 10/15)The yield curve is getting steeper. Historically, the steepness of the yield curve has been a good forecaster about what might happen in the next 6 to 12 months in the stock market and in the economy.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (10/11 – 10/15) @4:26
August Had The Highest Monthly Machine Tool Orders in Three Years @16:05
Predictions by Jake McClure @23:43
And more!
This episode was recorded on October 16th, 2021.
If you would like to contact us, please send an ema...2021-10-2026 minThe Personal Wealth CoachShort Episode: Why Gold Standard Won‘t WorkIf you want to buy gold to gamble, make sure you know it’s a gamble. Gold would make money if somebody else is willing to pay more for it. Historically, there is nothing special about gold that causes it to become more valuable every day.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Why Gold Standard Won’t Work @1:48
Socioeconomic Differences Between the U.S. and China @5:41
And more!
This episode was recorded on September 4th, 2021.
If you would like to...2021-10-0416 minThe Personal Wealth CoachEp.43 - part 2 - Why Are House Prices Dropping a bit?Summer is usually the busiest period for house buying and it was true this year in a strong sellers’ market. The buyer historically has gotten a better deal by waiting until the winter rather than buying in the late spring or summer as there are fewer buyers.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened After Cutting Unemployment Payments? @1:16
Why Are House Prices Going Down a bit? @7:45
Core Personal Expenditure Index @12:15
And more!
This episode was recorded on September 4th, 2021.
If yo...2021-10-0130 minThe Personal Wealth CoachEp.43 - part 1 - What Happened in the Market this Week? (8/30 – 9/3)Our economy is the healthiest one in the world. We prefer to attribute the success of recovery to people in America. An important thing to remember is that the angle of recovery didn’t change between presidents or between congresses.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
The U.S. Jobs Report @14:31
We Might See A 6% Rise in Benefit in Social Security in This Year @25:16
Wrap-up by Jeff @30:07
And more!
This episode was recorded on September 4th, 2021.
If you would like to con...2021-09-2933 minThe Personal Wealth CoachEp.42 -part 3 - What Impact Will Quantitative Tightening Have on the Market?Forecasting interest rates is a fool’s game. So there is no point in forecasting them. However, as the economy continues to recover, interest rates will probably rise over the next decade or so. Oops, we just made a forecast.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Will Stocks Do Better With Rising or Falling Interest Rates? @2:29
How Can the Dollar's Strengths Be Its Weaknesses? @13:35
The Pros and Cons of a Weak or a Strong Dollar @23:15
And more!
This episode was recor...2021-09-2225 minThe Personal Wealth CoachShort Episode: The Money Markets, ExplainedIf you want your money secured with absolutely no risk of losing dollar per dollar, you need to go to the bank. Make sure and stay within the FDIC guidelines to insure your money.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
The Money Markets, Explained @2:26
This episode was recorded on August 28th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us thr...2021-09-2017 minThe Personal Wealth CoachEp.42 - part 2 - How Much Debt Does the U.S. Actually Owe?The current interest rates all the way to the 30-year treasury yields are low. Therefore, when the US government borrows money, it is borrowing money at lower than expected inflation rates. The people who are loaning the government money are paying the government.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Good News on the Economy @2:36
The Coming Taper Tantrum by the Fed Chairman @14:52
How Much Debt Does the U.S. Actually Owe? @20:57
And more!
This episode was recorded on August 28th, 2021.
If you...2021-09-1733 minThe Personal Wealth CoachEp.42 - part 1 - What Happened in the Market This Week? (8/23 – 8/27)The states that cut unemployment payments haven’t seen a greater increase in employment than the states that didn't cut them. The best increase in employment has been seen in the states which didn’t cut unemployment payments, which makes no sense, but that is reality.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (8/23 – 8/27) @7:39
Global Labor Shortage @20:30
And more!
This episode was recorded on August 28th, 2021.
If you would like to contact us, please send an email to...2021-09-1525 minThe Personal Wealth CoachEp.41 - part 2 - Why We Are Not Afraid of the Chinese EconomyWhile the growth rate in China has been faster, China’s GDP is not as much as that of the US. They have a tremendous hill to climb to get caught up to where we are. And demographically, they are shrinking.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Will China Step into Afghanistan? @1:34
Why We Are Not Afraid of the Chinese Economy @10:52
Mortgage Forbearance @36:38
And more!
This episode was recorded on August 21st, 2021.
If you would like to contact us, please send...2021-09-0848 minThe Personal Wealth CoachEp.41 - part 1 - What Happened in the Market this Week? (8/16 – 8/20)As Will Rogers once said, “Nowadays, people are far more concerned about the return of their money than the return on their money.” And that seems what is happening right now in the global economy.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in the Market this Week? (8/16 – 8/20) @7:25
What is the Significance of the 5-30 Spread? @19:06
Supply Chain Challenges, Simplified @25:24
And more!
This episode was recorded on August 21st, 2021.
If you would like to contact us, please send an email to us at ...2021-09-0640 minThe Personal Wealth CoachEp. 40 - part 3 - Are We in a Technological Revolution?Many of our terminologies have to change because we are in a massive transition. People talked about the Information age after the industrial age. Right now, we are moving into a new era that hasn't even been named yet.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
The Importance of Computer Chips in the Modern Technology Revolution @2:20
What Can We Do With a Quantum Computer? @7:45
What Are New Battery Technologies? @16:00
And more!
This episode was recorded on August 14th, 2021.
If you would lik...2021-09-0433 minThe Personal Wealth CoachEp.40 - part 2 - What Kind of Inflation Are We Experiencing Right Now?We have a high inflation rate and expect to see more of that as supply issues are still there over the next year. But it's an inflation in the sense that our supplies are having trouble to arrive on time.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
$3.5 Trillion Budget Plan @3:15
Inflation is Happening Mainly Due to Supply Chain Issues @13:05
What Does the $600 Hack on the Crypto Market Mean to Defi(Decentralized Finance)? @22:23
What Impact Would The Fallout From Afghanistan Have on US Economy? @27:40
And more!...2021-09-0332 minThe Personal Wealth CoachEp.40 - part 1 - What Happened in the Market This Week? (8/9 – 8/13)Our reaction to Covid-19 is the single largest impact item in the economy we can deal with today. GDP, oil price, companies' earnings, inflation, it doesn't matter. There is absolutely nothing that comes close to it.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in the Market This Week? (8/9 – 8/13) @6:20
West Texas Intermediate Crude Oil @11:28
Current Supply Chain Issues, Explained @12:28
New Factor of Demographics in Economics @15:40
Biden Asked OPEC to Reduce Oil Prices @17:55
Would Bonds Offer Higher Returns Than Stocks For the Next Ten Years? @22:50
History of I...2021-09-0135 minThe Personal Wealth CoachShort Episode: Is the Market Fair? Why is it Called a Bull or a Bear Market?The word Fair goes back about 800 years. The Market WAS the Faire. Fair Came to Mean What It Does Because the Market was Regulated.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
1. Where Did the Terms Bull and Bear Market Come From? @2:20
And more!
This episode was recorded on August 21st, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can a...2021-08-2608 minThe Personal Wealth CoachEp. 39 - part 2 - Is Buying Land a Good Investment?Historically, undeveloped land tends to an average appreciation that is equal to inflation and taxes over long periods of time. Long-term, raw land tends to appreciate just to keep up with its value at that given moment.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What is a Reverse Merger? @3:21
Eviction Moratorium Update @12:25
Is the US Economy Recovering or Expanding? @18:29
Recognition Lag in Economics, Defined and Explained @20:25
North America Rig Counts @22:33
Chip Manufactures Update @26:22
$1 Trillion Infrastructure Bill @30:44
Is Buying Land a Good Investment? @42:05
And more!
T...2021-08-2344 minThe Personal Wealth CoachShort Episode: Is Cryptocurrency a Commodity or a Security?Regulating properly is necessary. Over-regulating messes up capitalism just as badly as under-regulating.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Cryptocurrency Regulations @2:10
Are Commodities Markets Regulated? @7:05
And more!
This episode was recorded on August 7th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address...2021-08-2020 minThe Personal Wealth CoachEp. 39 - part 1 - What Happened in the Market This Week? (8/2 – 8/6)At this point, a 10% drop in the market would not be a surprise. Negative returns are part of the market, even though people have already forgotten about the historic drop in the market just a year ago.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in the Market This Week? (8/2 – 8/6) @9:16
Covid-19 Update @12:25
Why Has My Portfolio Been Flat Lately? Where Did the Tremendous Growth Go? @17:30
The Bond Market and West Texas Intermediate Crude Oil @26:07
Why We Should Expect a 10% Drop in the Market @27:43
And more...2021-08-1833 minThe Personal Wealth CoachWhen Will the US Economy Recover from Covid-19?Unvaccinated people have a very high probability of being affected by Covid-19 for a longer time. If you get sick, you would stay sick for a long time; your unavailability slows down the Economy.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
When Can We End Covid-19?@2:07
Federal Eviction Moratorium @12:10
And more!
This episode was recorded on July 31st, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You ca...2021-08-1635 minThe Personal Wealth CoachEp. 38 - part 2 - The Importance of Productivity to Economic Growth, ExplainedAmerica is facing a choice between potential economic stagnation, as we have seen in Japan and may see in China, and allowing increased, legal immigration.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
The Importance of Productivity to Economic Growth, Explained @0:50
China Appears to be Setting Up an Arrangement to Exchange Oil for Port Facilities Rather Than Dollars with Saudi Arabia. The Role of the Dollar as the World’s Reserve Currency is not Threatened@13:30
And more!
This episode was recorded on July 31st, 2021.
2021-08-1426 minThe Personal Wealth CoachFear in the Market, Explained"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria."
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
How Exactly Can Fear in the Market be a Good Thing? @1:22
Why Do People Keep Investing in Negative Rates @6:55
And more!
This episode was recorded on July 31st, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us throug...2021-08-1212 minThe Personal Wealth CoachEp.38 - part 1 - What Happened in the Market This Week? (7/26 – 7/30)Value stocks have tended to do well when the market perceives a normal recovery and expansion. Large, tech stocks appear to be thriving on the abnormalities of the pandemic economic disruption.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in the Market This Week? (7/26 – 7/30) @7:06 – 13:28
Bond Market @13:28
West Texas Intermediate Crude Oil @14:45
Capital Investments are on the Rise @15:19
Chip Manufacturers are Coming to US @17:55
And more!
This episode was recorded on July 31st, 2021.
If you would like to contact us, please send an...2021-08-1023 minThe Personal Wealth CoachEp.37- part 2 - Why We Are Not Too Concerned About Long-Term InflationBefore investing in anything, make sure you have a disciplined approach to investing in ownership and in your own potential.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Can President Biden Cancel All the Outstanding Student Loan Debt? @1:40
Issues of The Government Overspending For People To Stay Home During the Pandemic @14:39
Concerns of Higher Inflation and Potentially Losing a Job @31:15
And more!
This episode was recorded on July 24th, 2021.
If you would like to contact us, please send an email to us at ...2021-08-0847 minThe Personal Wealth CoachEp. 37 - part 1 - What Happened in the Market This Week? (7/19 – 7/23)When a record high for the market is a round number, it becomes “important” in headlines. There is no significance other than in our heads about that, but the significance in our heads influences prices.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in the Market This Week? (7/19 – 7/23) @5:59
How Bonds Work @15:06
West Texas Intermediate Crude Oil @18:45
Correction Is Inevitable in the Market @23:25
And more!
This episode was recorded on July 24th, 2021.
If you would like to contact us, please send an email...2021-08-0628 minThe Personal Wealth CoachWhat Successful Investors Have in CommonThere is no quick way to get rich. Investing consistently every month for many years is critically important.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Jeff and Jake share what their clients who became successful investors had in common.
This episode was recorded on July 24th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through t...2021-08-0409 minThe Personal Wealth CoachEp.36 - part 3 - Pay Attention to Your Beneficiary Designations on Your IRAsYou really need to pay attention to your beneficiary designations on your IRAs, your Annunites, your life insurances. They are not what you think they are.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Mismatch on the Jobs Market @3:07
The second-quarter earnings season is coming @15:38
Need to pay attention to beneficiaries to your IRA @26:22
Surveys of Consumers by University of Michigan @33:27
And more!
This episode was recorded on July 17th, 2021.
If you would like to contact us, please send an email to us...2021-08-0237 minThe Personal Wealth CoachEp.36 - part 2 - What to Look at to Get a Macro View Of The MarketWe don’t look in-depth at the market day to day basis, it’s too much information, and it’s not relevant. One of the metrics we check more than monthly is the overall price-to-earnings ratio for the entire market.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What is Secular Stagnation? @1:26
What to Look at to Get a Macro View Of The Market @7:48
Retail Investor Trade and the Pricing of Earnings by Wharton Accounting Professor Jeremy Michels @12:56
Cole Still Has a Long Way to Hang Out With Us...2021-07-3029 minThe Personal Wealth CoachEp.36 - part 1 - What Happened in The Market This Week? (7/12 – 7/16)The market dropped by about 1% this week based on the fears of the Federal Reserve moving too soon, not the fears of inflation.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in The Market This Week? (7/12 – 7/16) @6:00
Why Jeff Thinks Starbucks’s Stock is A Bit Weird @13:37
The interest Rate Has Been Falling Since May @22:21
West Texas Intermediate Crude Oil @25:36
Weekly Market Wrap-up by Jeff @27:25
And more!
This episode was recorded on July 17th, 2021.
If you would like to contact us, please...2021-07-2828 minThe Personal Wealth CoachEp.35 - part 2 - How Soon Will Self-driving Cars and Flying Cars Be Available?Correction in a bear market is a bunch of frightened ducks running in one direction because one duck ran in that direction.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Is Flying Car Coming Soon? @0:43
How Soon Will Self-Driving Cars be Available? @2:17
The Reality of Climate Changes @7:50
Lessons From 2021 So Far @9:50
The ISM Manufacturing Index @12:40
Far Less Immigration Going On in The US @14:50
Housing Boom @33:04
And more!
This episode was recorded on July 10th, 2021.
If you would like to contact us, please sen...2021-07-2643 minThe Personal Wealth CoachEp.35 - part 1 - How Does The News Affect The Stock Market and Stock Prices?Value is the opposite of growth. Growth stocks are priced based on their expected future earnings, while value stocks are priced based on their intrinsic value or the value of the assets they hold.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in The Market This Week? (7/5 – 7/9) @2:56
Did Margin Calls Cause The 1929 Great Depression? @8:00
Cryptocurrencies and SPACs Are in a Bear Market @21:50
West Texas Intermediate Crude Oil @23:29
What Is Holding Our Economy? @27:20
Issues With The Current Labor Market @2:43
What Are Good Ratios in The Stock Market? @38:49
An...2021-07-2443 minThe Personal Wealth CoachEp.34 - part 3 - What is NIL (Name images Likeness) Compensation in College Sports?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Question about S&P 500 Index
What is NIL (Name images Likeness) Compensation in College Sports?
Update on Jobs Report
Potential Issues Once College Athletes Start Getting Paid
Do We Really Have AI (Artificial Intelligence)?
How To Protect Yourself From Cyber Attacks
And more!
This episode was recorded on June 26th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a me...2021-07-2249 minThe Personal Wealth CoachEp.34 - part 2 - What Are Realistic Returns?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Are Realistic Returns?
ERISA (Employee Retirement Income Security Act of 1974)
And more!
This episode was recorded on July 3rd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
**The...2021-07-1926 minThe Personal Wealth CoachEp.34 - part 1 - What Happened in The Market This Week? (6/28 – 7/2)Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in The Market This Week? (6/28 – 7/2)
Will We See Another Currency Collapse In The World?
How To Check If The Stock Market Is Overpriced
Expect The Oil Price To Go Up Throughout The Summer
And more!
This episode was recorded on July 3rd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contac...2021-07-1723 minThe Personal Wealth CoachEp.33 - part 3 - Social Security Benefits Cost-Of-Living Adjustments in 2021Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
The SHEILD (the Stopping Harmful Inversions and Ending Low) @2:30
“Apes Together Strong” Investor @7:30
Federal Student Loan Loss @19:16
Sticky Price Consumer Price Index @28:40
5% Increase in Social Security Check With Inflation-Adjusted @37:19
How Can Slow Shipping From China Be a Good Thing for the US? @38:02
What Does That Mean If the US Quits Rate is High @41:30
And more!
This episode was recorded on June 26th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpw...2021-07-1546 minThe Personal Wealth CoachEp. 33 - part 2 - The Results of Bank Stress Tests by the FedWelcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Bank Stress Test @2:22
By-partisan infrastructure framework @6:43
Charging stations for electric vehicles @15:16
And more!
This episode was recorded on June 26th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
**The...2021-07-1322 minThe Personal Wealth CoachEp.33 - part 1 - What Happened in The Market This Week? (6/21 – 6/25)Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
What Happened in The Market This Week? (6/21 – 6/25) @8:34
How Does an Increase in Interest Rate Affect Bonds? @15:55
The Price of West Texas Intermediate Crude Oil (WTI) @19:12
“Speedbumps” in the US Economy such as Delta Variant @22:10
This Week’s Wrap-up by Jeff @26:33
And more!
This episode was recorded on June 26th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to u...2021-07-1128 minThe Personal Wealth CoachEp.32 - part 2 - Economic Growth ExplainedWelcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
My Truck's Value Has Increased: Now What? @1:01
Why Aren’t People Going Back to Work As Quickly As Expected? @3:25
Will Stocks Go Higher With Inflation? @8:21
When Can We Expect to See A Price-Drop in Lumber at Stores? @9:59
Productivity Level Has Increased @18:15
The Monthly Checks for the Child Tax Credit will Start July 15th @37:28
Wrap-up by Jeff @46:39
And more!
This episode was recorded on June 19th, 2021.
If you would like to contact us, please send an email to us...2021-07-0848 minThe Personal Wealth CoachEp.32 - part 1 - Triple Witching ExplainedWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you will hear them talk about:
What Happened in This Market This Week? (6/14 – 6/18) @6:19
Analyzing What Happened on June 18th @15:52
What is Triple Witching? @17:26
Commodities Acted Funny @23:03
Doing Business Abroad is Only Getting More Complicated @30:15
Good News From A Speech by Fed Chair Powell @38:53
And more!
This episode was recorded on June 19th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send...2021-07-0547 minThe Personal Wealth CoachEp.31 - part 2 - The Economic Impact Of Covid-19 ExplainedWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you will hear them talk about:
Jobless Claims Were Down. An Update On The Labor Market
How Can Our GDP be More Than Pre-Pandemic With The Back To Normal Index Still Being 88%?
Total Consumer Spending Is On The Rise
The Global Economic Impact Of Covid-19 Explained
Trade Wars With China and The Rest Of The World Are Ongoing
Social Security, When Will the Trust Fund Be Depleted?
Changes In Business Investments Due To The Pandemic
Wrap-up by Jeff
And more!
This e...2021-07-0248 minThe Personal Wealth CoachEp.31- part 1 - Interesting Things About Inflation ScaresWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you will hear them talk about:
What Happened In The Market This Week? (6/7 – 6/11)
Interesting Things About Inflation Scares
Why Does the CPI (Consumer Price Index) a Measurement of Inflation, Exclude Fuel and Food?
And more!
This episode was recorded on June 12th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our we...2021-06-3033 minThe Personal Wealth CoachEp.30 - part 3 - Update On China's One-Child PolicyWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about:
Is The MOVE Index Widely Used?
Public and Private Debt To GDP.
Net Hiring in May Went Up.
What Was One Of The Most Impacted Industries By The Pandemic?
Update On China’s One-Child Policy.
Who is Experiencing Slower and More Expensive Deliveries?
And more!
This episode was recorded on June 5th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com2021-06-2830 minThe Personal Wealth CoachEp.30 - part 2 - How Do You Protect The US Dollar From Collapsing?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about:
Will The US Dollar Ever Go Away? Will All My Savings Be Gone?
What You Need To Know About The G-7 International Tax Agreement.
GDPR (General Data Protection Regulation) Makes Investments Complicated.
And more!
This episode was recorded on June 5th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through t...2021-06-2532 minThe Personal Wealth CoachEp.30 - part 1 - What We Need to Know About Wyoming’s Nuclear PlantWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about:
What Happened in The Market This Week? (5/31 – 6/4)
Wyoming is Building A Nuclear Plant.
Update On Texas Power Grid Legislature.
And more!
This episode was recorded on June 5th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to ad...2021-06-2336 minThe Personal Wealth CoachShort Timely Episode - Inflation ExplainedWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you will hear them talk about what causes inflation as well as historical inflation.
This episode was recorded on June 12th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
...2021-06-2118 minThe Personal Wealth CoachEp.29 - part 2 - Consumer Spending has Increased: What Now?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What are the Possible Electric Grid Fixes for Texas? @1:20
Good News in the Economy: @22:18
New Home Sales are Down While Demand is Up, What is Up With That? @35:08
Mismatch in the Labor Market @36:15
Why are So Many People Retiring Early @43:22
The Wrap-Up @45:08
And more!
This episode was recorded on May 29th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a mes...2021-06-1849 minThe Personal Wealth CoachEp.29 - part 1 - Have We Fixed the Electric Grid in Texas?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (5/24 – 5/28) @7:30
What Happened in the Cryptocurrency Market? @9:51
Are Value Stocks in the Dow by Design? @16:45
Questions about CDO (Collateralized Debt Obligation) @27:32
Who Came Up With “Deem” in the TPWC Disclosure? @37:38
What Happened In the Texas Legislature to Fix the Electric Grid? @ 38:37
And more!
This episode was recorded on May 29th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can...2021-06-1548 minThe Personal Wealth CoachEp.28- part 2 - Who Gets Credit for a Booming Economy?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
US Liquefied Natural Gas Exports @1:12
Is There Still a Tariff on Imported Lumber? @11:03
Tax Law Changes @16:14
Conference Board's Leading Economic Indicators Forecast @25:56
Who Gets Credit for a Booming Economy? @29:08
The Fertility Rate in the US @35:05
Ford is Doubling Down on Electric @36:56
And more!
This episode was recorded on May 22nd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a messa...2021-06-1351 minThe Personal Wealth CoachEp.28 - part 1 - How Should You Choose Your Investments?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (5/17 – 5/21) @4:08
Is it a Good Idea To Invest in Something With the Highest Recent Returns? @8:18
What is the Decision Process of a Professional Investor? @13:14
Are We Happy With the Number of New Jobs? @16:50
Why is the US Labor Market Far From Recovery? @22:26
Tin and Other Metals Rise to Near the Record Levels @28:15
Do ESGs Have Lower Returns? (Environmental, Social, and Governance) @39:48
And more!
This episode was recorded on May 22nd, 2021.
If you wo...2021-06-1048 minThe Personal Wealth CoachEp. 27 - part 2 - What Are Some Real Examples of Bad Investment Decisions?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
More About Debt @1:10
Let’s Talk About Good Use of Debt @9:14
Does An Increase in the Price of Diapers Mean Inflation is Here? @14:57
Are We Having A Baby Bust Or Baby Boom? @19:28
Demographic Issues in Japan vs. China vs. US @21:36
The Annualized Rate of Productivity Increased in Q1 @35:56
Examples of Bad Investment Decisions @40:29
And more!
This episode was recorded on May 8th, 2021.
If you would like to contact us, please send an ema...2021-06-0949 minThe Personal Wealth CoachTimely Episode: Cryptocurrency - Are You Trying To Follow the Crowd?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about things you should ask yourself when thinking about your first cryptocurrency.
This episode was recorded on May 8th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Fina...2021-06-0609 minThe Personal Wealth CoachEp. 27 - part 1 - What to Know About the Colonial Pipeline CyberattackWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What Happened in the Market This Week? (May 3rd – May 7th ) @4:00
Big Companies vs. Mid-small Companies After Recession @7:58
Cyberattack on Colonial Pipeline @11:24
Inflation Portfolio@15:58
What is the Fed? What is the Treasury? What is the Difference? @20:26
Debt and Future Generation @32:19
The National Debt of the United States @43:05
And more!
This episode was recorded on May 8th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com...2021-06-0548 minThe Personal Wealth CoachEp. 26 - part 2 - Do You Have a Plan For When the Next Market Correction Happens?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Capital Spending on Robots is on the Rise This Year @1:07
Do You Have a Plan For When the Next Market Correction Happens? @2:37
Whose Taxes are Likely to increase by the Biden Tax Plan? @17:32
Household Cash to Debt Ratio is Almost One to One @25:50
What Items are Worth Recycling from an Economist's Point of View? @30:25
Import Prices Have Jumped Over the Last 12 months @38:20
And more!
This episode was recorded on May 15th, 2021.
If you would like to contact us, pl...2021-05-2848 minThe Personal Wealth CoachEp. 26 - part 1 - The History of Money and How Cryptocurrencies Tie Into It.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (5/10 – 5/14) @6:43
Should We Be Worried About Inflation in the Future? @12:15
How Long Will inflation Last, and How Severe Will It Be? @22:38
The History of Money in the World Up to Cryptocurrencies @23:17
The Money Supply and the Personal Savings Rate @41:50
What is a Cowrie Shell? @45:23
And more!
This episode was recorded on May 15th, 2021.
If you would like to contact us, please send an email to us at jeff@tpwc.com or jake@tpwc.com
...2021-05-2649 minThe Personal Wealth CoachThe History of Money in the World Up to Cryptocurrencies
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them figure out what cryptocurrencies are and how they fit in history. There are some fascinating trends throughout the history of money.
This episode was recorded on May 15th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address...2021-05-2220 minThe Personal Wealth CoachEp.25 - part 2 - When should I buy a car? Is it a good time to sell my house?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
USA vs China GDP growth @2:14
Why was Huawei the first company that developed 5G? @5:30
Increasing inflation is coming short-term. What causes negative inflation or deflation? @11:46
Should I buy a car now? Is now a good time to sell a house? @17:33
Pay off credit card debt by being financially savvy @24:54
Signs that the economy is getting back to normal @30::03
Education bill from an economist's point of view @@37:43
And more!
This episode was recorded on May 1st, 2021.
If...2021-05-1649 minThe Personal Wealth CoachEp.24 - part 2 - Does Alaska really have enough rare-earth metals to supply the demand from the U.S. and the World?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Did actively managed mutual funds outperform the index in 2020?@2:33
Does Alaska have enough rare-earth metals to supply the U.S. and the World? @4:20
Does the government need to subsidize rural broadband? @12:10
Developing a new battery technology that doesn’t need lithium @16:32
How to tell if your stock investing managers are pruning your portfolio @31:10
Somewhat good news on unemployment @42:50
And more!
This episode was recorded on April 24th, 2021.
If you would like to con...2021-05-1450 minThe Personal Wealth CoachEp. 25 - part 1 - What even is infrastructure and should we be spending money on it?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What happened in the market this week? (4/26 – 4/30) @4:26
Value and growth stocks @7:04
Earnings of Amazon and Microsoft Q1 2021 @13:15
What is today’s infrastructure? Is IT infrastructure? @15:55
What are target-date funds? @22:14
How should we value companies @28:35
Signs of the economy is getting back to normal @40:46
US Q1 GDP growth numbers @42:06
And more!
This episode was recorded on May 1st, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
2021-05-1248 minThe Personal Wealth CoachEp.24 - part 1 - What are the alternatives to a 60/40 Portfolio?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the market this week? (April 19th – April 23rd) @8:24
Chinese 10-year notes v.s. US 10-year notes @12:20
Was a 60/40 portfolio legit? What are the alternatives to a 60/40 portfolio? @20:02
How people feel about Electric Vehicles @40:40
The dark side of clean energy and rare metals @46:23
"There will be a big environmental backlash against the electric car manufactures and the renewable energy areas." by Jake McClure.
And more!
This episode was recorded on Ap...2021-05-1048 minThe Personal Wealth CoachPersonal Finance Episode: Pay off credit card debt by being financially savvyWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about how to pay off credit card debt.
This episode was recorded on May 1st, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
**The inf...2021-05-0609 minThe Personal Wealth CoachEp.23 - part 2 - We Have Enough Toilet Paper! Now What?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
When inheriting an annuity, taking it all out vs. taking out over five years? @1:17
What is SDR by IMF? @7:15
We have enough Toilet Paper! @19:16
Infrastructure gap in the U.S. @23:02
Why is there no cheap real estate available? @40:15
Mutual funds for Crypto? @44:16
And more!
This episode was recorded on April 17th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake...2021-05-0349 minThe Personal Wealth CoachEp.23 - part 1 - Underlying inflation is just not there yetWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
The Market updates @4:40
Underlying inflation is just not there yet @11:58
Probability of Economic growth in 2021 China vs. the USA @18:14
What’s China’s Belt & Road initiative? @22:45
Let’s talk about tax revenue @39:10
And more!
This was recorded on April 17th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through...2021-04-3048 minThe Personal Wealth CoachEp.22 - part 2 - "TIPS" for protecting your asset against inflationWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Employment situation summary – Bureau of Labor @1:03
Moody’s Analytics & CNN Business Back-to-Normal Index @13:38
Percentage of the population vaccinated @15:52
How to protect your asset against inflation @20:00
Correlation between inflation and devaluation of our currency @25:27
Some thing are not inflationary but look like they are @40:30
And more!
This episode was recorded on April 3rd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc...2021-04-2050 minThe Personal Wealth CoachEp.22 - part 1 - Things to know about fear of inflationWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the market this week? (3/29 – 4/2) @3:39
The mortgage catastrophe has not gone away @9:40
The presidential election and the stock market @12:57
Fear of inflation @19:12
Issues in the shipping industry @21:07
What is ESG (Environmental, Social and corporate Governance)? Why is it important? @28:12
Why haven’t institutional investors moved to the value market? @34:56
Family office risk @40:16
And more! And more!
This episode was recorded on April 3rd, 2021.
If you would like to contact us, pleas...2021-04-1749 minThe Personal Wealth CoachEp. 21 - part 2 - Financial Literacy Around the WorldWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Power grid issues from the great freeze of 2021 @1:15
Which country has the most financial literate population? @24:46
Dunning-Kruger effect @29:56
People don’t know what they don’t know @32:46
Capacity utilization @40:13
And more!
This episode was recorded on March 27th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the c...2021-04-1451 minThe Personal Wealth CoachEp. 21 - part 1 - Which currency is the world currency these days?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the market @4:21
The financial benefit of SOFAR over LIBAR @15:35
US dollar is the most dominant currency @30:19
Supply chain issues – Suez Canal - @40:23
And more!
This episode was recorded on March 27th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpw...2021-04-1149 minThe Personal Wealth CoachGame Stop, Robinhood and the Merrymen of Reddit - What actually happened?Our one and only Jake McClure was a guest speaker at “Finance Podcast Week” by Podbean.
The GameStop short took many by surprise and brought the world of short selling into the mainstream. Join us for this in-depth panel moderated by Eric Schleien of the Intelligent Investing Podcast with Jake McClure of The Personal Wealth Coach Podcast and Rick Bloom from Rick Bloom Talks Money on the nuances of what actually happened, and how all the pieces fit together.
This was recorded on March 27th, 2021.
If you would like to contact us, plea...2021-04-0954 minThe Personal Wealth CoachEp.20 - part 2 - Why do we talk about the Covid-19 so much when discussing the US economy?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Global plastic shortage triggered by the Great Texas Freeze of 2021 @2:30
Back to Normal Index @6:30
An update on the Unemployment Rate @9:52
Why do we talk about the pandemic? @15:35
What you need to know about the expected tax increases @26:43
An update on the winter storm in Texas @39:50
Bonds are not risk free @44:19
And more!
This episode was recorded on March 20th, 2021.
If you would like to contact us, please send an email to us a...2021-04-0750 minThe Personal Wealth CoachEp.20 - part 1 - Economic effects of 1918 flu and covid-19Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the Market @5:04
The US Government is the oldest active codified constitutional government on the planet @14:56
Question about Quantitative Easing programs since the 2008 crisis @19:58
Supply chain issues @28:24
What is the Federal Reserve dot plot? @40:55
And more!
This episode was recorded on March 20th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can a...2021-03-3049 minThe Personal Wealth CoachEp. 19 - part 2 - What is a Consumer-Based Economy?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What is a Consumer-Based Economy? @5:27
We Are Running an Experiment in the US Economy @11:38
Inflation Predictions for the Year @21:09
What Can We Expect from Janet Yellen as the Secretary of the Treasury @30:15
Oil Patch @38:48
SPACs @46:27
And more!
This episode was recorded on March 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a m...2021-03-2853 minThe Personal Wealth CoachEp. 19 - part 1 - Predicting When an Economic Bubble is Likely to PopWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What Happened in the Market @5:46
Is This a Bubble, If So, If/When Will it Pop @13:37
Difference Between Value and Growth Stocks; Why Does the Market Often Go Down When Interest Rates Go Up @18:35
The Fundamental Principle of Investing for the Long Term @24:12
China’s 100-year Growth Plan @31:16
The Cat Tail Theory by Jake McClure @39:46
And more!
This episode was recorded on March 13th, 2021.
If you would like to contact us, please sen...2021-03-2549 minThe Personal Wealth CoachEp.18 - part 2 - How do you feel about Bitcoins being accepted by more companies?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Bitcoins Being Accepted by More Companies? @3:34
Do You Anticipate the Bears are Here to Stay? @9:59
Will Oil and Gas Exploration and Production Continue to Rise? @14:59
What Happens if a Pension's Backup Plan Needs a Backup Plan? @17:00
Forgiveness on Student loans @33:41
The Power Outage in Texas @40:25
And more
This episode was recorded on March 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Ja...2021-03-2352 minThe Personal Wealth CoachEp.18 - part 1 - Is the US population aging? Issues of an aging populationWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the market @ 5:08
Mid-cap value and S&P 500 moved quite differently @7:17
Interest rate discussion @12:23
What does the price of oil signify @16:29
What will people do with all the excess money they have saved @18:19
How much of a negative impact will birth rates have on bonds @20:45
Equilibrium for population and aging society @26:00
Baby boomers are no longer the largest group in the workforce @40:24
And more
This episode was recorded on March 6th, 2021.
2021-03-2149 minThe Personal Wealth CoachShort Timely Episode - What happens if a pension's backup plan needs a backup plan?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about the strengths and weaknesses of the overall pension system, and what we should expect.
This episode was recorded on March 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions abou...2021-03-1918 minThe Personal Wealth CoachShort Timely Episode - Is Bitcoin an investment or speculation?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about whether Bitcoin is an investment or speculation.
This episode was recorded on March 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com).
We are happy to address any of your questions about Economics and Finance.
**T...2021-03-1608 minThe Personal Wealth CoachEp.17 - part 2 - Why you should be careful with alternative investments: Bitcoin, Dogecoin, and GameStop.Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
The breakeven point for inflation between treasury yields and TIPS (Treasury Inflation-Protected Securities) @2:02
Covid-19 cases in Bell County @7:45
Good news A.K.A. “less bad news” in the economy @10:17
Alternative investment such as Dogecoin, GameStop, and Bitcoin @29:18
Hypothetical question: Asking Jeff how he would feel if the stock market dropped by 50% @30:57
Do Bitcoin and Dogecoin have a bright future? @34:11
Largest stock exchange in India shutdown @39:41
And more
This episode was recorded on February 27th, 2021.
2021-03-1151 minThe Personal Wealth CoachEp.17 - part 1 - Pros and Cons of $15 minimum wageWelcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
What happened in the market? @8:15
a question about this Rare Bond-Market Inversion and what it might mean for inflation @20:36
Negative GDP growth (we call it shrinkage) @34:10
Predictions on the Economy, Inflation, and GDP @35:28
$15 minimum wage @39:02
How can GPD grow so much when shipping container shortages are at a critical point @44:08
And more
This episode was recorded on February 27th, 2021.
If you would like to contact us, please send an email to us a...2021-03-0850 minThe Personal Wealth CoachEp.16 - part 2 - Why did Texas suffer so much during the winter storm?Welcome to another episode with Jeff and Jake McClure from TPWC!
Infrastructure wins and losses in Texas @2:00
Home title fraud or identity theft @15:22
Macro look: Midwest is recovering fast @20:13
Good news on COVID-19 @26:37
Tariffs are not going away @28:46
Inflation expectations @35:50
What we know about Stimulus checks @42:49
And more
This episode was recorded on February 20th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (t...2021-03-0550 minThe Personal Wealth CoachEp.16 - part 1 - What can we learn from the oil market and bond market?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Market Report @4:10
Yield Curve @9:03
Why we talk about what is going on oil and bond market @13:27
Discussion on supply chain issues for rare-earth minerals/metals @14:49
The dangers and difficulties of having your mortgage hacked (question from listener) @29:00
Production and Supply Report@35:16
Healthy growth at the same time that more people are getting laid off -discussion of the splits in the economy @36:43
And more
This episode was recorded on February 20th, 2021.
If you w...2021-03-0249 minThe Personal Wealth CoachEp. 15 - part 2- What Happens when we are short of Microchips?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
Chip shortage @1:52
Our infrastructure is falling behind @11:34
GDP and Unemployment forecast for 2021 @19:47
When will Covid-19 be over? @20:50
It’s been about 100 years since the last pandemic, will the next pandemic be better or worse for our economy? @27:26
Spam text messages @34:00
And more
This episode was recorded on February 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You...2021-02-2751 minThe Personal Wealth CoachEp. 15 - part 1- What are ETFs?Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, you'll hear them talk about
1. What happened in the market this week? @9:15
2. GameStop no longer makes the headlines @15:00
3. What are ETFs? @18:30
4. Oil price forecasts for 2021 @25:16
5. Covid-19 update @27:39
6. 401K and protections from hacks @30:00
and more!
This episode was recorded on February 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can...2021-02-2543 minThe Personal Wealth CoachEp.14 - part 1 - Was GameStop a classic case of a Pump and Dump?“Bull market makes geniuses out of all of us but bear markets shows us for the fools we really are” Jeff McClure
Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they explain the scam "pump and dump."
Fantastic questions from listeners are as follows.
1. "what is yield in Finance?" @24:42
2. "Harry Dent says we should take a cash position as this bubble may collapse, should we do so?" @30:56
3. "How is Robinhood making money? What is payment for order flow in brokerage...2021-02-2349 minThe Personal Wealth CoachEp.12 - part 1 - What happened to GameStop? What is a short squeeze?Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they discover what really happened to GameStop.
Exciting questions from listeners are as follows.
1. "Should I bail out the market because everyone is saying the stock market will crash soon?" @41:01
2. "Should I buy a house with cash or low-rate mortgage and invest that cash in the market?" @42:11
3. "Why has the personal saving rate jumped up?" @46:01
Important lessons from this episode are
“Borrowing a lot of money to put it in the...2021-02-0951 min