The Personal Wealth Coach

Weekly Market Highlights: Key Insights from January 16 - 19, 2024

Welcome to another episode with Jeff and Jake McClure from TPWC. Join us as we Explore the similarities between current AI stock trends and the dot-com bubble era and understand what this could mean for investors. Additionally, we analyze how recent attacks on ships and tankers in the Red Sea could potentially increase commodity prices. 
Weekly Market Highlights: Key Insights from January 16 - 19, 2024 @1:56
AI Stock Patterns: Echoes of the Dot-com Bubble @7:33
Red Sea Tensions: Potential Impacts on Commodity Inflation @19:05
This episode was recorded on January 19th, 2024. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

The Chinese Yuan is now the 4th Most Active Global Currencies, Could it be the World’s Most Active Currency?

Welcome to another episode with Jeff and Jake McClure from TPWC! As of November 2023, the Yuan has climbed to the 4th position among the most active global currencies. Jeff and Jake discuss whether the Yuan could potentially become the world's most active currency, considering the broader implications for global finance.
Decoding November 2023's Almost Stagnant Inflation: An In-depth Analysis of the Personal Consumption Expenditures Index (PCE) @0:43
The Chinese Yuan is now the 4th Most Active Global Currencies, Could it be the World’s Most Active Currency? @23:40
and more!
This episode was recorded on December 23rd, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

2023’s Economic Surprises in the U.S.

Welcome to another episode with Jeff and Jake McClure from TPWC! Join us as we explore how Solow's theories, developed in the mid-20th century, revealed the essential role of technological innovation in driving economic expansion. Also, we discover some of the surprising findings of 2023’s economy.
Legacy of Economics Nobel Laureate: Dr. Robert M. Solow@3:36
2023's Economic Surprises in the U.S. @6:12
and more!
This episode was recorded on December 23rd, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Understanding Dutch Disease: Its Impact and the U.S. Economy’s Unique Advantage

Welcome to another episode with Jeff and Jake McClure from TPWC! Join us as we discuss the complexities of Dutch Disease. This phenomenon, often misunderstood, refers to the economic paradox where a country's rapid export growth in natural resources can inadvertently harm its economy. We'll explore how this affects various nations and contrast it with the United States' unique position.
1. Understanding Dutch Disease: Its Impact and the U.S. Economy's Unique Advantage @3:50 
and more!
This episode was recorded on December 23rd, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Wealth Building Secrets: The Importance of Time in the Market Over Market Timing

Welcome to another episode with Jeff and Jake McClure from TPWC, where we explore why long-term investment tends to beat timing the market in wealth creation. Learn why “get rich quick” schemes are a fast track to financial loss.  
The Concept of “AI Washing”: Lessons from the .com Bubble Applied to Various Areas like “AI” Stocks and "ESG" Investments @1:06
It's not about timing the market to build wealth; it's about spending time in the market. Remember, there's no 'get rich quick' scheme that doesn't risk faster financial loss @17:53
This episode was recorded on December 16th, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Politics and the Economy in Election Years

Welcome to another episode with Jeff and Jake McClure from TPWC! Join us as we explore the difference between short-term and long-term interest rates and their impact on people's lives. Understand why long-term rates, when high, can significantly affect public happiness and economic perspectives.
Short-term rates are generally not a major concern for most people, but high long-term rates tend to make many people unhappy.@3:50
Generally, everything smells like politics as we approach an election year. The president usually has very little control over the current economic situation. @15:58
This episode was recorded on December 16th, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Big Picture of Global Economic Shifts: China, Iran, and Russia vs. U.S. Influence

Welcome to another episode with Jeff and Jake McClure from TPWC!
Gaza Conflict's Impact on our daily lives - Insights and Analysis @0:49
Big Picture of Global Economic Shifts: China, Iran, and Russia vs. U.S. Influence @9:38
This episode was recorded on December 16th, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Weekly Market Highlights: Key Insights from December 18 - 22, 2023

Welcome to another episode with Jeff and Jake McClure from TPWC. Join us as we analyze the current state of the market and understand Personal Consumption Expenditures Price Index (PCE) Index Impact
Weekly Market Highlights: Key Insights from December 18 - 22, 2023 @3:32
Analyzing Inflation Numbers based on the Personal Consumption Expenditures Price Index @12:17
This episode was recorded on December 23rd, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Navigating Canal Challenges: Rising Shipping Costs and Environmental Issues

Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode, we explore the interesting situation of declining oil prices despite reduced production, considering Venezuela's potential exit from the oil market and Russia's oil scarcity. We discuss China's decreased need for oil and its impact on global oil economics.
Why are oil prices falling even though we are producing less oil, with Venezuela possibly exiting the oil market and Russia facing oil shortages? This might be primarily due to China's reduced oil demand recently. @2:50
With shipping prices already rising, further increases are expected due to challenges in the Suez and Panama Canals, including drought @24:52
And more!
This episode was recorded on December 9th, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.

Insights into Venezuela, U.S. Economic Growth, and Consumer Views

Welcome to another episode with Jeff and Jake McClure from TPWC!
Join us in this enlightening episode as we dig into the latest updates from Venezuela, analyze the impressive 5.2% growth in the U.S.'s annualized GDP for the third quarter, and explore the paradox of a robust American economy contrasted with consumer pessimism.
Quick updates on Venezuela @1:40
The Annualized GDP for the 3rd Quarter is Adjusted to 5.2% After Inflation @5:18
Despite a Strong U.S. Economy, Consumer Surveys Indicate Pessimism @24:15
And more!
This episode was recorded on December 9th, 2023. 
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
If you are ready and would like to book a free appointment either in office or over the phone, 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 provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.