The Personal Wealth Coach

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? @...

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...

If 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...

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?...

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 Sec...

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 Doll...

If 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 t...

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 Tantr...

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/...

While 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 Forb...

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 Su...

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 W...

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...

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 @1...

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...

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 Recov...

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....

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 Fl...

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,...

America 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...

"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 s...

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 O...

Before 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 Inflat...

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 Cr...

There 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 ...