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Jeffrey W. McClure, CFP® and Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only
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. Eager to learn more? Schedule a complimentary consultation with us, either in-person or over the phone, by visiting https://www.tpwc.com/. Dive into the world of smart financial decision-making with The Personal Wealth Coach – your educational gateway to the economy and beyond. Jeffrey W. McClure, CFP® and Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only.
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Ep.59 - part 1 - How Do Companies Make Money with ”No Commission” or ”Free Trade” in the Stock Market?

Ep.59 - part 1 - How Do Companies Make Money with ”No Commission” or ”Free Trade” in the Stock Market?

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: A Portfolio of Bonds in a Rising Interest Rate Environment @6:33 Inflation @10:39 Perspectives Behind “No Commission” and “Free Trade” in the Stock Market @14:43 And more! This episode was recorded on March 26th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
29:5320/04/2022
What Happened in the Market for the Week of April 11 - 14, 2022?

What Happened in the Market for the Week of April 11 - 14, 2022?

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of April 11 - 14, 2022? @7:57 Weekly Wrap-up @18:02 And more! This episode was recorded on April 16th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
29:3619/04/2022
What Happened in the Market for the Week of April 4 - 8, 2022?

What Happened in the Market for the Week of April 4 - 8, 2022?

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of April 4 - 8, 2022? @5:27 Weekly Wrap-up @21:05 And more! This episode was recorded on April 9th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
23:5213/04/2022
Ep.58 - part 2 - Gas Prices Comparison Right Now Vs. the Early 1970s

Ep.58 - part 2 - Gas Prices Comparison Right Now Vs. the Early 1970s

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Fed Raised Interest Rates @4:17 Key Innovation, Battery Technology @16:28 Comparing Gas Prices Right Now to Those of the Early 1970s @34:36 And more! This episode was recorded on March 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
40:4412/04/2022
Ep.58 - part 1 - One of the Largest Threats in the Economy Right Now

Ep.58 - part 1 - One of the Largest Threats in the Economy Right Now

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Secret to Braving a Wild Market @3:56 U.S. Economy @17:48 One of the Largest Threats in the Economy Right Now @22:31 And more! This episode was recorded on March 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
30:4111/04/2022
What Happened in the Market for the Week of March 28 – April 1, 2022

What Happened in the Market for the Week of March 28 – April 1, 2022

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of March 21 - 25, 2022 @5:07 U.S. Refineries @12:11 Weekly Wrap-up by Jeff @22:29 And more! This episode was recorded on April 2nd, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
25:2108/04/2022
Ep. 57 - part 2 -  The Future of Nuclear Power Worldwide Due to the Russia-Ukraine War

Ep. 57 - part 2 - The Future of Nuclear Power Worldwide Due to the Russia-Ukraine War

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Grain Supply Shock Due to Russian Invasion of Ukraine @5:58 The Future of Nuclear Power Worldwide Due to the Russia-Ukraine War @10:26 Net Worth of U.S. Households @30:47 Chinese Economy @33:51 Think of this When You Feel Like You are Paying Too Much for Gas @36:49 And more! This episode was recorded on March 12th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
42:2705/04/2022
Ep.57 - part 1 - There might be Civil Wars in Developing Countries in Africa or Western Asia Later This Year Due to the World Grain Markets Supply Shock

Ep.57 - part 1 - There might be Civil Wars in Developing Countries in Africa or Western Asia Later This Year Due to the World Grain Markets Supply Shock

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Is the Definition of Inflation Changing? @10:08 Example of Inflation @12:36 Jake’s Prediction in Africa Later in 2022 @15:56 Inflation @21:00 Why Are Oil Prices Going Up Even If We Are a Net Exporter of Oil? @25:57 Global Companies Getting Out of Russia @32:13 Some Chinese Companies are to be De-listed from NYSE (New York Stock Exchange) @37:49 And more! This episode was recorded on March 12th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
41:2802/04/2022
What Happened in the Market for the Week of March 21 - 25, 2022?

What Happened in the Market for the Week of March 21 - 25, 2022?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market for the Week of March 21 - 25, 2022? @6:32 - Weekly Wrap-up by Jeff @21:27 And more! This episode was recorded on March 26th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
28:3030/03/2022
What Happened in the Market for the Week of February 28 - March 4, 2022

What Happened in the Market for the Week of February 28 - March 4, 2022

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market for the Week of February 28 - March 4, 2022 @6:07 Wrap up by Jeff @16:53 And more! This episode was recorded on March 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
18:3528/03/2022
Ep. 56 - part 2 - Spot Price vs. Futures Price Related to The Russian Invasion of Ukraine

Ep. 56 - part 2 - Spot Price vs. Futures Price Related to The Russian Invasion of Ukraine

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Spot Price vs. Futures Price @5:41 Why Have Wheat Prices Gone Up?”@17:29 Question about Inflation @21:38  Debt to GDP Ratio, Are We in Danger? @28:27 And more! This episode was recorded on March 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
36:5927/03/2022
Ep.56 - part 1 - How Long Will the Price of Oil Stay So High?

Ep.56 - part 1 - How Long Will the Price of Oil Stay So High?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Swift System @6:22 How Long Will the Price of Oil Stay High? @12:45 How Likely is Putin to Use Nuclear Weapons? @16:36 Productivity and Inflation @32:00 What Industries Are Likely to Grow Because of Russia’s Invasion of Ukraine? @43:04 And more! This episode was recorded on March 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:0225/03/2022
Ep: 55 - part 3 - Will China’s GDP Grow Larger than U.S. GDP?

Ep: 55 - part 3 - Will China’s GDP Grow Larger than U.S. GDP?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: 1. Will China’s GDP Grow Larger than U.S. GDP? @5:17 And more! This episode was recorded on February 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
30:2324/03/2022
What Happened in the Market for the Week of March 14-18, 2022

What Happened in the Market for the Week of March 14-18, 2022

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market for the Week of March 14-18, 2022 @6:11 What Would Happen to the Price of Oil? @14:18 The Fed Raised Interest Rates @26:40 And more! This episode was recorded on March 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
34:3723/03/2022
Ep: 55 -part 2 - The Russian Invasion of Ukraine

Ep: 55 -part 2 - The Russian Invasion of Ukraine

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: The Russian Invasion of Ukraine @5:44 The U.S. Retail Sales @17:43 The U.S. Became the Largest Exporter of Natural Gas in the World @32:54 And more! This episode was recorded on February 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
46:0020/03/2022
Ep: 55 - part 1 - What Happened in the Market This Week? (2/14 – 2/18)

Ep: 55 - part 1 - What Happened in the Market This Week? (2/14 – 2/18)

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (2/14 – 2/18) @4:45 Current Inflation, explained @14:22 The Big Picture in the Housing Market @20:52 And more! This episode was recorded on February 19th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
32:1618/03/2022
An Overdue Stock Market Correction Arrives - What Happened in the Market This Week? (3/7 – 3/11)

An Overdue Stock Market Correction Arrives - What Happened in the Market This Week? (3/7 – 3/11)

An Overdue Stock Market Correction Arrives.  Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (3/7 – 3/11) @6:22 Why is the Price of Oil Increasing? @18:00  And more! This episode was recorded on March 12th, 2022. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
28:1016/03/2022
Ep.54 - part 2 - Inappropriate Fear in the Market

Ep.54 - part 2 - Inappropriate Fear in the Market

We are seeing strong evidence of robust growth in the U.S. economy, but much of the news is about economic weakness. The reason is that bad news attracts more attention than good news, so the news media focuses on the bad news. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Analyzing Confusing Data on the Jobs Market @4:38 Why Would Higher Interest Rates Cause Growth Stocks to Fall? @14:11 Is the U.S. Economy Growing or Slowing Down? @21:38 And more! This episode was recorded on February 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
27:5413/03/2022
Ep.54 -part 1 - What Happened in the Market This Week? (1/31 – 2/4)

Ep.54 -part 1 - What Happened in the Market This Week? (1/31 – 2/4)

When we hear about the price of oil, we often relate it to the prices in the 1970s, however; once we factor in inflation and changes in the economy, the picture looks very different. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (1/31 – 2/4) @4:00 Could the High Price of Oil Cause Inflation and, therefore, a Recession? @21:01 And more! This episode was recorded on February 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
32:4610/03/2022
Ep.53 - part 3 - Target-Date-Funds

Ep.53 - part 3 - Target-Date-Funds

When the economic and market headlines are predominately negative, there tends to be a larger amount of money in cash positions, not invested in the market, suggesting higher market levels are coming. As economic and market news becomes more positive, more of that money is invested. Once the market news is predominately positive and optimistic about the future, much or most of that money has been invested and the likelihood of a major market decline rises. Gross Domestic Product 4th Quarter of 2021 @4:44 Jeff’s Prediction @12:48 Analyzing News Headlines @23:32 Target-Date-Fund Might not be Good for you @25:37 And more! This episode was recorded on January 29th, 2022. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
30:0707/03/2022
Ep.53 - part 2 - Cryptocurrency vs. Digital Currency

Ep.53 - part 2 - Cryptocurrency vs. Digital Currency

So-called “cryptocurrencies” are, almost without exception, not currencies. Rather they are more like collectable, non-government issued coins with a fluctuating market value. They can be traded for specific goods or services in some cases, but do not normally qualify as money. Which One is More Used? Gold or Silver? @6:47 Difference Between Cryptocurrency and Digital Currency @10:06 And more! This episode was recorded on January 29th, 2022. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
29:1105/03/2022
Ep.53 - part 1 - What Happened in the Market This Week? (1/24 – 1/28)

Ep.53 - part 1 - What Happened in the Market This Week? (1/24 – 1/28)

Long-term investing requires patience and the ability to see apparent losses appear in your portfolio. Presuming you have a well-diversified and well-balanced portfolio; time is on your side. Just as those who left a recent sports game just before the end missed an historic turnaround and victory, bailing out of a well-positioned portfolio in a down market historically has meant missing out on the gains that follow. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (1/24 – 1/28) @7:06 – 23:09 Analyzing What Caused a Significant Move in the Market? @23:09 And more! This episode was recorded on January 29th, 2022. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
40:1403/03/2022
Short Episode: NFT (Non-Fungible Token), explained

Short Episode: NFT (Non-Fungible Token), explained

Welcome to another episode with Jeff and Jake McClure from TPWC! In this short episode: NFT (Non-Fungible Token), explained @4:35 2nd Largest Cryptocurrency Hack @8:53 This episode was recorded on February 5th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
13:1401/03/2022
Ep. 52 - part 3 - How is the Stock Market Controlled Ethically?

Ep. 52 - part 3 - How is the Stock Market Controlled Ethically?

Securities markets in the United States are regulated under the authority of the Securities Acts of 1933 and 1934, as amended. U.S. regulatory agencies such as the Securities and Exchange Commission, the New York Stock Exchange, NASDAQ, and FINRA were created by the Securities Act of 1933 in response to illicit acts leading up to the stock market crash of 1929. Those agencies continue to be the foundation of fair dealing in the U.S. securities markets. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Producer Price Index @5:30 How are Securities Markets Regulated?” @12:52 And more! This episode was recorded on January 15th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
29:4314/02/2022
Ep.52 - part 2 - Listener’s Question: Does the Fed Really Know What They Are Doing?

Ep.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 What They are Doing? @2:25 Which Country is the “Right” One With Inflation Rate? @19:18 Battery Manufacturing is on the Rise Globally @24:08 What Causes Slow GDP Growth in the First Quarter? @26:00 And more! This episode was recorded on January 15th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website Prices measured in the U.S. by Consumer Price Index are up 7% from a year ago. It’s the highest since 1982. Significant parts of this inflation seem to come from the used cars and trucks market, which are up by 37.3%, and the fuel and oil market, which are up by 50%. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (1/10 – 1/14) @5:35 – 23:00 Geopolitical Issues in Kazakhstan @21:06 And more! This episode was recorded on January 15th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.   We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
36:2412/02/2022
Ep.52 - part 1 - What Happened in the Market This Week? (1/10 – 1/14)

Ep.52 - part 1 - What Happened in the Market This Week? (1/10 – 1/14)

The U.S. Consumer Price Index is up 7% from one year ago, the highest single-year increase since 1982. However, the current high inflation is unlikely to persist as the prime drivers appear to be coming from used cars and trucks, up over 37%, and fuel prices, up by about 50%. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (1/10 – 1/14) @5:35 – 23:00 Geopolitical Issues in Kazakhstan @21:06 And more! This episode was recorded on January 15th, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
39:3310/02/2022
Ep.51 - part 3 - Rule Changes by the SEC (U.S. Securities and Exchange Commission) in 2022

Ep.51 - part 3 - Rule Changes by the SEC (U.S. Securities and Exchange Commission) in 2022

Stocks, bonds, and mutual funds that claim to be “ESG” (environmental, social, and governance) have seen a high volume of retail purchases in the past few years. Unfortunately, there is no generally recognized definition for the term “ESG” when used with investments, and more than a few securities with that tag have been shown to have poor ESG characteristics. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Rule Changes by the SEC (U.S. Securities and Exchange Commission) in 2022 @7:44 ESG (environmental, social, and governance) @24:01 Oil fracking v.s. oil drilling @26:51 And more! This episode was recorded on January 22nd, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
42:2507/02/2022
Ep.51 - part 2 - Are We Headed to a Recession? Leading Economic Indicators Can Help to Predict

Ep.51 - part 2 - Are We Headed to a Recession? Leading Economic Indicators Can Help to Predict

The Conference Board Index of Leading Economic Indicators (LEI) remains positive, suggesting the economy will continue to grow over the next several months. In the six decades since its inception, the LEI has never failed to give at least several months warning before the U.S. economy entered into a recession.  Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Are We Headed to a Recession? Leading Economic Indicators Can Help to Predict @3:09 Population in China @16:40 Predictions by Jake @28:13 And more! This episode was recorded on January 22nd, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
37:0904/02/2022
Ep.51 -part 1- What Happened in the Market This Week? (1/17 – 1/21)

Ep.51 -part 1- What Happened in the Market This Week? (1/17 – 1/21)

As the Omicron variant surged across the country, the S&P 500 experienced a decline not unlike what we saw in October when the Delta variant was spreading. A near-correction decline in market values is not pleasant, but the stock market needs such things from time to time to clear out unprofitable companies and continue to grow over the long-term.   Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (1/17 – 1/21) @7:30 Omicron Wave @21:19 The Weekly Wrap Up by Jeff @26:20 And more! This episode was recorded on January 22nd, 2022.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website https://www.tpwc.com/ We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
28:0102/02/2022
Short Episode: What Does Global Economic Warfare Mean to the U.S.?

Short Episode: What Does Global Economic Warfare Mean to the U.S.?

Big money is being invested in opposing directions in big city real estate. One group is betting on a return to normal office behavior and is renovating and building more office space while the other side is focused on repurposing empty office buildings as living spaces. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happens to the U.S. if Russia is removed from the SWIFT System (Society for Worldwide Interbank Financial Telecommunication)? @5:11 Major Bets on Commercial Real Estate in Cities @23:34 Update on China’s Tech Crackdown @35:35 And more! This episode was recorded on December 11th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
42:1814/01/2022
Ep.50 - part 2 - Historical Cycle of Inflation

Ep.50 - part 2 - Historical Cycle of Inflation

Based on similar periods in economic history, the current surge in inflation may be a temporary phenomenon, lasting a couple of years but not likely to become a wage-price spiral. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: The U.S. Series I Savings Bonds @4:32 Historical cycles of Interest Rates @13:10 Can Labor Shortages Cause the repeat of 1970s and 1980s inflations? @19:06 And more! This episode was recorded on December 11th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
33:3109/01/2022
Ep.50 - part 1 - What Happened in the Market This Week? (12/6 – 12/10)

Ep.50 - part 1 - What Happened in the Market This Week? (12/6 – 12/10)

Unlike the bull market of the late 1990s, there are actually more stocks that declined in 2021 than rose. In the bull market of the 1990s that ended with a severe market plunge in 2000-2002, almost all stocks rose dramatically regardless of whether they were likely to be profitable. That leaves room for further gains in the market.  Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (12/6 – 12/10) @6:31 Why Did Oil Price Go Up? @12:18 The Importance of Understanding Why the Market Moved Regardless of Inflation @21:23- And more! This episode was recorded on December 11th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
30:2607/01/2022
Short Episode: The Future of Traditional 60/40 Portfolio

Short Episode: The Future of Traditional 60/40 Portfolio

Why the traditional portfolio composed of 60% stocks and 40% bonds is unlikely to be effective into the near future. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Financial Guardrails @3:53 The 60/40 portfolio and the 80/20 portfolio @9:24 And more! This episode was recorded on December 4th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
17:3203/01/2022
Ep.49 - part 2 - Things That Cause the Market to Go Up and Down

Ep.49 - part 2 - Things That Cause the Market to Go Up and Down

Market 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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
39:5931/12/2021
Ep.49 - part 1 - What Happened to the Market This Week? (11/29 - 12/03)

Ep.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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
34:0829/12/2021
Short Episode: What Are Unusual Things to Hold in Your IRA?

Short 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 like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
21:3621/12/2021
Ep. 48 - part 2 - Fundamental Changes Facing Investors

Ep. 48 - part 2 - Fundamental Changes Facing Investors

If 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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
40:1317/12/2021
Ep. 48 - part 1 - What Happened in the Market This Week? (11/8 – 11/12)

Ep. 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 contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
32:4015/12/2021
Ep.47 - part 3 - One of the Most Important Rules in Personal Finance

Ep.47 - part 3 - One of the Most Important Rules in Personal Finance

There 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! This episode was recorded on November 6th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
36:5426/11/2021
Ep: 47 - part 2 - What 9% Savings Rate Can Tell Us

Ep: 47 - part 2 - What 9% Savings Rate Can Tell Us

This 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 contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
43:3522/11/2021
Ep.47 - part 1 - What Happened in the Market This Week? (11/1 – 11/5)

Ep.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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
26:0519/11/2021
Ep. 46 - part 2 - Inflation: From The Basic Concept to Hedges Against Inflation

Ep. 46 - part 2 - Inflation: From The Basic Concept to Hedges Against Inflation

What 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 would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
43:5817/11/2021
Short Episode: What is ESG Investing (Environmental, Social, and Governance)?

Short 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 contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
22:4015/11/2021
Ep. 46 - part 1 - What Happened in the Market this Week? (10/18 - 10/22)

Ep. 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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
19:5711/11/2021
Short Episode: What is a Digital Dollar? How Does it Work?

Short 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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
20:3730/10/2021
Ep. 45- part 2 - Big Picture in the Global Economy

Ep. 45- part 2 - Big Picture in the Global Economy

People 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 us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
30:0627/10/2021
Ep.45 - part 1 - What Happened in the Market This Week? (9/6 – 9/10)

Ep.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 [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
28:4725/10/2021
Ep.44 - part 3 - Why Have Our Exports Prices Gone Up Faster Than Our Imports Prices Have?

Ep.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 Leaving at the Same Time as Our Import Is Arriving? @14:37 Cat Theory by Jake McClure @17:18 Regulations on Climate Change @21:25 And more! This episode was recorded on October 16th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
31:2724/10/2021
Ep.44 - part 2 - What Happens at the end of a Bull Market?

Ep.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 at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
40:5122/10/2021
Ep.44 - part 1 - What Happened in the Market This Week? (10/11 – 10/15)

Ep.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 email to us at [email protected] or [email protected] 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 podcast is for educational purposes only and is not considered investment advice.  
26:2820/10/2021