The History of the Bond Market

The History of the Bond Market

Before stocks, before modern banks, and long before Wall Street, someone was lending silver for beer and expecting to be paid back with interest. This week, Jake McClure unpacks the remarkable story of the bond market's evolution, from ancient clay tablets to today's financial system. Along the way, he explores the origins of interest, the rise of Venetian banking, the connection between bonds and paper money, and why trust may be the most valuable asset in any economy. History buffs, market enthusiasts, and the merely curious will all find something intriguing in this journey through the financial world's oldest promises. This episode was recorded on December 19, 2025. If you would like to contact us, please send an email to us at advisingteam@tpwc.com [advisingteam@tpwc.com]. We are happy to address any of your questions about Economics and Finance. If you are ready and would like to book an appointment either in office or over the phone, you can also send a message to us through the contact form on our website TPWC.com [https://www.tpwc.com/]. ** 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 Update June 29 - July 2, 2026

This week's market update as seen by The Personal Wealth Coach. Listen in to hear how our preferred market indicators reacted this week, followed by treasury yields and West Texas Intermediate Crude Oil. This episode was recorded on July 2, 2026. If you would like to contact us, please send an email to us at advisingteam@tpwc.com [advisingteam@tpwc.com]. We are happy to address any of your questions about Economics and Finance. If you are ready and would like to book an appointment either in office or over the phone, you can also send a message to us through the contact form on our website TPWC.com [https://www.tpwc.com/]. ** 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.

Building Shock Absorbers

This week’s episode takes a step back from the daily market noise and asks a bigger question: why do some economies, businesses, and even entire civilizations survive shocks while others quietly fall apart? Jake McClure walks through a fascinating mix of fresh data and deep history, starting with the latest PCE report showing rising income, spending, and savings, all while inflation continues to hum along. On the surface, things look steady. Underneath, the real story is resilience and what it takes to keep moving forward when conditions are less than ideal. From there, the conversation shifts into a much broader perspective. Think ancient Egypt storing grain for lean years, Rome building infrastructure as a hidden safety net, and the Dutch turning warehouses into a national superpower. Along the way, you will hear how timber shortages sparked the coal revolution, how railroads reshaped entire market cycles, and why something as simple as storage can determine whether a system bends or breaks. It all ties back to one idea that shows up again and again: reserves matter. Whether it is a family savings account, a company balance sheet, or a nation’s energy supply, the ability to absorb a shock often decides who survives the next downturn and who does not. If you enjoy connecting today’s economic headlines with the bigger story of how we got here, this episode delivers. It is part market update, part history lesson, and part reminder that the most important preparation usually happens long before anyone sees the crisis coming. This episode was recorded on June 26, 2026. If you would like to contact us, please send an email to us at advisingteam@tpwc.com [advisingteam@tpwc.com]. We are happy to address any of your questions about Economics and Finance. If you are ready and would like to book an appointment either in office or over the phone, you can also send a message to us through the contact form on our website TPWC.com [https://www.tpwc.com/]. ** 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 Update June 22 - 26, 2026

This week's market update as seen by The Personal Wealth Coach. Listen in to hear how our preferred market indicators reacted this week, followed by treasury yields and West Texas Intermediate Crude Oil. This episode was recorded on June 26, 2026. If you would like to contact us, please send an email to us at advisingteam@tpwc.com [advisingteam@tpwc.com]. We are happy to address any of your questions about Economics and Finance. If you are ready and would like to book an appointment either in office or over the phone, you can also send a message to us through the contact form on our website TPWC.com [https://www.tpwc.com/]. ** 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 Fed's New Playbook

If you think the Federal Reserve is boring, this episode might change your mind. Jake McClure takes you inside the Fed’s latest meeting and introduces the man now holding the wheel, Kevin Warsh. From his crisis-tested track record during the Great Recession to his very different views on how much control the Fed should really have, this isn’t just a policy discussion. It’s a look at how the rules of the game might be getting rewritten. Along the way, the conversation breaks down what the Fed actually does, why interest rates matter more than most people realize, and why holding steady today might mean higher rates tomorrow. You will hear why inflation is proving stubborn, why the tools the Fed uses may not fully address today’s supply-driven pressures, and why expectations for rate cuts could be off the mark. It doesn’t stop there. The episode also connects the dots between monetary policy and the real world, from rising production costs to global energy disruptions and what ongoing damage to oil infrastructure could mean for prices ahead. The takeaway is clear: even if the headlines calm down, the road forward may still be a little bumpy. Smart, timely, and packed with perspective, this episode of The Personal Wealth Coach will leave you with a better sense of where the economy may be headed and why the Fed’s “new playbook” matters more than you might think. This episode was recorded on June 18, 2026. If you would like to contact us, please send an email to us at advisingteam@tpwc.com [advisingteam@tpwc.com]. We are happy to address any of your questions about Economics and Finance. If you are ready and would like to book an appointment either in office or over the phone, you can also send a message to us through the contact form on our website TPWC.com [https://www.tpwc.com/]. ** 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.