Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only

The Personal Wealth Coach

Business EN ↓ 581 episodes

Jake McClure from The Personal Wealth Coach talks about anything and everything about Economics, Investments, Markets, History, and Life in an educational manner. More info at https://www.tpwc.com/

Author

Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only

Episodes

Ep.100 - Part 2 - ChatGPT is the Beginning of Many New Developments in Automation and Innovations 13.03.2023 36:41

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: There is Increasing Confidence in the Strength of the U.S. Economy @1:26 ChatGPT is the Beginning of Many New Developments in Automation and Innovations @9:01 What is Important to Understand about Quantum Computers in Today's World?" @22:11 Does Cryptocurrency have Utility? @32:30 And more! This episode was re...

Ep.100 - Part 1 - Which Changes Implemented During the Pandemic Might Become Permanent? 10.03.2023 28:06

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: History of the Federal Reserve Board, What do they do? @5:03 Which Changes Implemented During the Pandemic Might Become Permanent? @13:06 The Fed is Attempting to Avoid Bursting the Housing Market Bubble @22:16 And more! This episode was recorded on February 25th, 2023. If you would like to contact us, please...

Ep.99 - Part 2 - What are the Potential Consequences of Not Raising the Debt Ceiling? 05.03.2023 35:03

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: A Good Argument Against a System of Pure Free Enterprise @1:37 A Significant Number of Life Insurance Companies Failed Due to Rising Interest Rates in the Late 1970s and Early 1980s @9:25 What are the Potential Consequences of Not Raising the Debt Ceiling? @19:26 And more! This episode was recorded on February...

What does a 4.2% Rise in Disposable Consumer Income Adjusted for Inflation Indicate? 02.03.2023 16:05

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: In the First Quarter of 2023, There was a 4.2% Increase in Disposable Consumer Income Adjusted for Inflation @0:58 Despite a Downward Trend in the Leading Economic Indicators Over the Past 11 Months, We Have Seen Significant Growth in both Employment Rates and Personal Income @3:03 And more! This episode was r...

What Happened in the Market for the Week of February 20 - 24, 2023? 01.03.2023 25:20

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of February 20 - 24, 2023? @7:15 The Base Effect, a Fundamental Issue in Statistics @19:14 The Weekly Wrap-up by Jeff @ 23:34 And more! This episode was recorded on February 25th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or ...

Ep.99 - Part 1- Inflation Tends to Generate Further Inflation 25.02.2023 29:05

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What are the Key Determinants Shaping the Current State of the Economy? @5:08 Inflation Tends to Generate Further Inflation.@18:55 More People are Falling Behind on Their Car and House Payments in the Fourth Quarter of 2022, Leading to an Increase in the Delinquency Rate @24:53 And more! This episode was recor...

What Happened in the Market for the Week of February 13 – 17, 2023? 23.02.2023 24:02

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of February 13 - 17, 2023?@5:03 The Yield Curve of 10-year U.S. Treasury Bonds Became More Inverted @10:20 The Weekly Wrap-up by Jeff @ 21:04 And more! This episode was recorded on February 18th, 2023. If you would like to contact us, please send an email to us at Jef...

Ep.98 - Part 2 - The Patterns of Growth Cycles and Strategic Shifts Within Big Tech Companies 21.02.2023 39:02

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Patterns of Growth Cycles and Strategic Shifts Within Big Tech Companies @4:06 The Government Collapse in Moldova @13:41 Our Dependence on Imports from China during the Pandemic Has Revealed a Significant Lack of Self-Sufficiency in Critical Areas of Supply Chain Management @23:11 Paying Close Attention to...

Ep.98 - Part 1 - A Shift in the Way Business is Conducted in the Chinese Market 18.02.2023 32:22

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The US-China Trade Tensions Have Prompted a Shift in the Way Business is Conducted in the Chinese Market @5:26 China Does not Have the Capacity or Capability to Dominate the World @18:18 China’s Current State of Intellectual Property, Including Cultural Attitudes Towards Ownership and Innovation @27:55 And mor...

Ep.97 - Part 2 - What’s the Definition of Rich? 16.02.2023 32:07

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Benefits of Immigration for an Economy with a Low Birth Rate? @3:12 Examining the International Supply Management Purchasing Managers' Index. @11:52 Individual Investors' Trading Volumes Experienced a Decrease Between the Years 2020 and 2022. @15:29 What’s the Definition of Rich? @22:56 The Risks of Incorp...

What Happened in the Market for the Week of January 30 - February 3, 2023? 14.02.2023 27:12

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of January 30 – February 3, 2023?@5:55 China is Becoming Increasingly Less Attractive as a Manufacturing Hub @17:55 And more! This episode was recorded on February 4th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.c...

What Happened in the Market for the Week of February 6 – 10, 2023? 14.02.2023 27:14

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of February 6 - 10, 2023?@6:00 The Current Yield on Shorter-Term Bonds is Higher than that of Longer-Term Bonds in the Bond Market @16:43 The Recent Jobs Report Suggests that Those Who Have been Laid Off are Typically Rehired Relatively Quickly @ 21:30 And more! This ep...

Ep.97 - Part 1 - In the First Three Quarters of 2022, the Market Declined but the Economy Grew. Since then the Market has Played Catch-Up 11.02.2023 37:08

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Normally, an Inverted Yield Curve is a Good Predictor of a Coming Recession, but in This Case, that May Not Be Correct. @4:52 Pricing of Used Vehicles, Microchips, and Houses were Odd Inflation Drivers in 2022 @26:22 In the First Three Quarters of 2022, the Market Declined but the Economy Grew. Since then the...

Ep.96 What is a Busted Trade? How Does That Happen? 07.02.2023 40:02

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What is a Busted Trade? How Does That Happen? 3:20 The Danger of Having ETFs Being Traded away from Regulated Exchanges, and The Danger of Non-Tradable Investments @12:08 And more! This episode was recorded on January 28th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com o...

Ep.95 - Part 2 - The Danger of Not Raising the Debt Ceiling and Why it Needs to be Raised 05.02.2023 38:10

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Danger of Not Raising the Debt Ceiling and Why it Needs to be Raised @1:10 And more! This episode was recorded on January 21st, 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 our website h...

Ep.95 - Part 1 - Why Tech Company Mass Layoffs are not Showing Up in the Unemployment Statistics 03.02.2023 36:44

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How Close Are We to Central Bank Digital Currency? @07:08 Why Tech Company Mass Layoffs are not Showing Up in the Unemployment Statistics @30:24 And more! This episode was recorded on January 21st, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You can a...

What Happened in the Market for the Week of January 23 - 27, 2023? 01.02.2023 32:56

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of January 23 - 27, 2023? @4:22 The U.S. Gross Domestic Product Estimate for 2022 @21:45 Why We Think Metal and Copper Prices Have been Going Up Lately @24:32 And more! This episode was recorded on January 28th, 2023. If you would like to contact us, please send an ema...

What Happened in the Market for the Week of January 17 - 20, 2023? 30.01.2023 32:39

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of January 17 - 20, 2023? @9:23 And more! This episode was recorded on January 21st, 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 our website https:/...

Ep.94 - Part 2 - Analyzing Inflation with the Consumer Price Index and Purchasing Managers’ Index 28.01.2023 40:49

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Recent Consumer Price Index Reports Suggest Inflation may be Dead @2:10 Prices of Goods Have been Dropping @10:23 Analysis of the Manufacturing Purchasing Managers' Index @20:57 Inflation in the Service Industry @26:38 A Political Risk Factor to the Economy and the Market @30:00 And more! This episode was reco...

Ep.94 - Part 1 - Are Investors Returning to Normal Behavior or Are They Remaining in Crisis Mode? 23.01.2023 26:35

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Are Investors Returning to Normal Behavior or Are They Remaining in Crisis Mode? @05:08 What is Happening to Oil Prices? What is the Difference Between the WTI, North Sea Brent, and Ural Oil Price Indexes? @12:08 And more! This episode was recorded on January 14th, 2023. If you would like to contact us, pleas...

Ep.93 - Part 3 - What Does SECURE 2.0 Mean for Retirement Plans? 20.01.2023 19:15

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Does SECURE 2.0 Mean for Retirement Plans? SECURE 2.0 is part of the omnibus spending package that became law at the end of 2022. @2:29 And more! This episode was recorded on January 7th, 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 s...

What Happened in the Market for the Week of January 10 - 13, 2023? 18.01.2023 33:24

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of January 10 - 13, 2023? @6:25 Inverted Yield Curve, Explained @19:12 Will the Economy and the Market Go Back to Normal? @26:22 And more! This episode was recorded on January 7th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or ...

Ep.93 - Part 2 - How Likely is it, We Will Have a Recession in 2023? 15.01.2023 24:01

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How Likely is it, We Will Have a Recession in 2023? @0:49 And more! This episode was recorded on January 7th, 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 our website https://www.tpwc.com/ W...

Ep.93 - Part 1 - Inflation-Linked Bonds, Explained 13.01.2023 30:29

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Where and How is the Strategic Materials Stockpile Maintained? @7:13 Inflation-Linked Bonds, Explained @14:06 Updates on Self-Driving Vehicles @20:51 And more! This episode was recorded on January 7th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You c...

What Happened in the Market for the Week of January 3 - 6, 2023? 11.01.2023 31:00

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of January 3 - 6, 2022? @5:41 Big Picture in the Global Economy @19:31 And more! This episode was recorded on January 7th, 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 t...