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Lee Baker - 1 Eric Beiley - 1
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☆ Top advisors says people are worried, but they don't need to make major changes to their portfolio
  + stars: | 2023-09-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop advisors says people are worried, but they don't need to make major changes to their portfolioLee Baker of Apex Financial and Eric Beiley of Steward Partners discuss what may drive the markets in the final few months of the year in this new higher rate environment.
Persons: Lee Baker, Eric Beiley Organizations: Apex Financial, Steward Partners
☆ Beiley: The tightening of credit is raising the cost of capital, which is a negative for markets
  + stars: | 2023-05-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBeiley: The tightening of credit is raising the cost of capital, which is a negative for marketsEric Beiley, Executive Managing Director at Steward Partners Global Advisory, discusses the markets, earnings, and the regional banking sector.
☆ Finally! Savings Rates Could Soon Beat Inflation
  + stars: | 2023-02-23 | by ( ) www.wsj.com   time to read: +6 min
Why savings rates could rise in 2023Fortunately, many experts predict the situation will reverse, with inflation on a downward trend even as the Fed continues nudging up interest rates. Since the most generous banks have increased their rates in tandem with the Fed, they would likely increase savings rates as well. Bottenfield doesn’t see savings account interest rates surpassing the rate of inflation before 2024. “The difference between an online savings account and the average brick and mortar account is huge right now,” says Tumin. If you think interest rates will fall, you can lock in mid-4% rates long-term with a five-year CD.
☆ Beiley: Markets have gotten ahead of themselves at these levels
  + stars: | 2023-02-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBeiley: Markets have gotten ahead of themselves at these levelsSteward Partners Global Advisory's Eric Beiley discusses how he views the markets.
☆ Lack of financial literacy cost 15% of adults at least $10,000 in 2022. Here's how the rest fared
  + stars: | 2023-01-19 | by ( Sarah O'Brien | ) www.cnbc.com   time to read: +3 min
A report from the National Financial Educators Council shows that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it set them back by $10,000 or more. The majority (68%) of respondents said poor financial literacy cost them somewhere from zero to $499. For instance, adults correctly answered, on average, 50% of the 28 basic money questions in the 2022 TIAA Institute-GFLEC Personal Finance index, the sixth annual barometer of financial literacy. Financial literacy is 'a key tool in the toolkit'Advocates of financial literacy say the teaching needs to start before teens reach their high school graduation. "There's good data showing people make better decisions when they have financial literacy," said Nan Morrison, CEE president and CEO.
☆ How High Will Savings Rates Go in 2023?
  + stars: | 2022-12-08 | by ( ) www.wsj.com   time to read: +6 min
By Steve GarmhausenInterest rates on savings accounts have been rising fast, and savers are likely to see more improvements in 2023. Where are interest rates headed in 2023? Will savings rates go up in 2023? Though they take their cues from the fed-funds rate, banks tend to take weeks or even months to hike their savings account rates. The Fed could cut rates sooner than expected, pulling savings rates down in the process.
☆ Two money managers discuss how to position your portfolio during earnings season
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo money managers discuss how to position your portfolio during earnings seasonEric Beiley, Executive Managing Director at Steward Partners Global Advisory, and Degas Wright, Founder, CEO, and CIO of Decatur Capital, join Worldwide Exchange to discuss how a busy week of earnings could affect the markets.
☆ Two money managers explain their investment strategies
  + stars: | 2022-09-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo money managers explain their investment strategiesEric Beiley, Executive Managing Director at Steward Partners Global Advisory, and Catherine Faddis, Founder and CEO of Grace Capital, join Worldwide Exchange to discuss the recent markets sell-off, the inverted yield curve, and the trading day ahead.
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