The Personal Wealth Coach

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights From September 16 - 20, 2023 @5:01 In 1998, During the Long-Term Capital Management (LTCM) Crisis, the Federal Reserve Stepped in by Injecting Money into the Market to Save LTCM, a Hedge Fund, not a Traditional Bank @17:38 And more! This episode was recorded on September 23rd, 2...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Why is there so much Weirdness in the U.S. Economy right now? @01:46 Productivity In the U.S. Is Rising, And Unemployment Is Falling, While in China, Productivity Is Declining, And Unemployment Is Increasing. @20:54 The U.S. Manufacturing Industry May Soon Return to Growth @27:05 Large-Cap Growth Companies @31...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from September 11 – 15, 2023 @6:22 Differences in Immigration Today Compared to 20 Years Ago @19:09 The Weekly Wrap-Up by Jeff @26:04 And more! This episode was recorded on September 16th, 2023.  If you would like to contact us, please send an email to us at  Jeff@tpwc.com  or ...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Why do Medium-sized Banks Tend to Dominate the Commercial Real Estate Lending Market Instead of Larger Banks? Is this a Factor in the Commercial Real Estate Doom Loop? @3:54 What Essential Information Should One Know about the Chinese Economy? @19:04 Why Does the Introduction of New Technology Often Lead to Po...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from September 5 - 8, 2023 @3:48 The Weekly Wrap-Up by Jeff @18:48 And more! This episode was recorded on September 9th, 2023.  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...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Bureau of Labor Statistics Reports on Total Factor Productivity @01:08 Should We Be Concerned About Banks Getting Lower Ratings by The Rating Agencies? @12:11 The ISM Manufacturing Index Reveals Negative Aspects of The Economy @20:56 And more! This episode was recorded on September 2nd, 2023.  If you would...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Who Oversees Federal Government Reporting? @7:26 The Labor Market Appears to be Returning to Normal @30:06 And more! This episode was recorded on September 2nd, 2023.  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...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from August 28 - September 1, 2023 @6:13 Some People Worry that AI will Take their Jobs @15:00 The Weekly Wrap-Up by Jeff @20:19 And more! This episode was recorded on September 2nd, 2023.  If you would like to contact us, please send an email to us at  Jeff@tpwc.com  or  Jake@t...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Jeff And Jake’s Observations on Gas Prices from their Cross-Country Road Trips @01:10 China Is Showing Multiple Signs of Being on the Verge of a Significant Economic Downturn @17:08 The Central Bank of Turkey Raised Interest Rates from 17.5% To 25% Rapidly @23:45 Sixteen U.S. States Have Reached their All-Time...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How Does the Dodd-Frank Act Impact the Resolution Plans (Living Wills) Of Mid-Sized Banks? @7:26 What Most People Don't Know About the U.S. Economy, The Leading Global Economy @22:02 And more! This episode was recorded on August 26th, 2023.  If you would like to contact us, please send an email to us at  Jeff@...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from August 21-25, 2023 @7:33 The Weekly Wrap-Up by Jeff @27:00 And more! This episode was recorded on August 26th, 2023.  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...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Jeff Discusses the Numerous Advantages of the "Social Security 2100 Act" Introduced by John Larson @01:19 Our Analysis of U.S. Government Spending Based on the U.S. Department of Treasury Reports @14:26 And more! This episode was recorded on August 5th, 2023.  If you would like to contact us, please send an em...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Explaining the Recent Decline in Productivity, Followed by A Brief Increase @01:04 Warehouse Rents Are Rising @11:56 The Infrastructure Bill, titled "Inflation Reduction Act," Does Not Address Certain Logistical Issues Related to Dams and Waterlines @15:43 And more! This episode was recorded on August 5th, 202...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Is there Enough Similarity Between Chinese and Japanese Cultures that China Might Experience Something Like Japan's "Lost Decade"? @5:00 Bankruptcy, Simplified @12:55 It's Worth Monitoring How the Chinese Government Manages Country Garden, The Largest Real Estate Development Company in China @18:03 And more! T...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Economies Dependent on Exports Are Suffering, Unlike the U.S. Economy That Primarily Focuses on Its Domestic Market @01:11 Jeff’s Personal Observation on Denmark Economy and Society @7:55 The Chairman of China, Xi Jinping, Has Once Again Declared His Intentions to Invade Taiwan. @10:50 The Use of Automation in...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How Will the BRICS Conference on August 22nd Impact the Value of The U.S. Dollar? Should We Be Worried About the Possibility of an International Currency Established by The BRICS @01:24 And more! This episode was recorded on July 29th, 2023.  If you would like to contact us, please send an email to us at  Jeff...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Reasons Why We Have Experienced Problems Using GDP As a Tool to Measure Economies for a Long Time @4:47 Ponzi Scheme Scams are Increasing: Church Members Specifically Targeted @17:09 And more! This episode was recorded on July 29th, 2023.  If you would like to contact us, please send an email to us at  Jef...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from July 31- August 4, 2023 @4:48 How China's GDP Calculation is Different @12:34 The Weekly Wrap-Up by Jeff @19:33 And more! This episode was recorded on August 5th, 2023.  If you would like to contact us, please send an email to us at  Jeff@tpwc.com  or  Jake@tpwc.com You can...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Chinese Economy Is Struggling: Recent Changes in China's GDP Might Upset Migrant Workers @01:58 Could Higher Interest Rates Potentially Lead to A Downturn in the Housing Market? @09:45 Understanding the Current State of the Housing Market: Exploring New Technologies and Observations @16:13 The American Con...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from July 24 - 28, 2023 @4:50 The Federal Reserve Has Raised Interest Rates as Previously Expected, But They Haven't Indicated Any Further Increases. Don't Wait for Mortgage Rates to Come Down, You Might End Up Waiting for A Long Time @16:10 The Weekly Wrap-Up by Jeff @23:20 And...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Question about the Term Premium: Is it Exclusively Applicable to the U.S. 10-Year Treasury Bond? @5:53 So-Called Experts Seem to be Mistaken about the Causes of Economic Inflation @23:25 Changes in Labor Force Demographics: More Mothers Are Currently Employed Than Fathers @30:50 And more! This episode was reco...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Recession is Everyone Referring to? We don't Seem to Observe any Significant Indications of an Economic Downturn @01:22  So-Called AI does not Possess the Ability to Think Independently like Humans do @18:00 And more! This episode was recorded on July 15th, 2023.  If you would like to contact us, please s...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Using Gold as a Hedge Against Inflation Does not seem to Have been Effective in the Past Few Years @04:10 Based on the Consumer Price Index, the Average Inflation Rate for the All Items Over the Past 12 Months was 3%. This Suggests a Potential Decline in Inflation @14:35 What is a "Natural" Interest Rate? @19:...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Weekly Market Recap: Highlights from July 17 - 21, 2023 @7:50 The Weekly Wrap-up by Jeff @16:26 And more! This episode was recorded on July 22nd, 2023.  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...

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: We Tested ChatGPT and other AI models. Although their Capabilities are Impressive, there are Instances where the Information they Provide may be Entirely Incorrect @00:55 Be Careful: The Frequency and Sophistication of Scams are Increasing @17:10 And more! This episode was recorded on July 8th, 2023.  If you w...