Weekly Market Insights August 19 - 23, 2024

Welcome to another exciting episode of The Personal Wealth Coach Podcast with your hosts, Jeff and Jake McClure. If you were looking at the S&P 500 Index, CRSP US Mid Cap Value Index, U.S. Treasuries, and West Texas Intermediate crude oil markets this week, you'd think things were going swimmingly. Jake updates us on the movement those markets had for the week. Then goes to try and keep your interest about interest......rates (it took me way too long to come up with that.) Some big things happened this week that could indicate where interest rates are headed. Jake explains what we might expect and a bit about how bond markets work when countries own large amounts of U.S. bonds. Lastly, at the beginning of the episode Jake asks for some help from our listeners. Typically, the weekly update is posted Saturdays at 10am CST because that's when Jeff and Jake would talk about these same topics on the weekly radio program they put on. Jake asks if you can send him an email with whether that schedule is important to you or not and if you have any other recommendations. This episode was recorded on August 23rd, 2024. If you would like to contact us, please send an email to us at [email protected] or [email protected]. 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. ** 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.