Beckonomics Podcast

Beck Capital Management

Welcome to "Beckonomics," a podcast where finance gets personal. Hosted by Hunter and Victor Beck, two sharp minds from Beck Capital Management, this series demystifies the complex world of finance through insightful analysis and relatable advice.

Hunter Beck, a CFA® Program Level III candidate with a robust background in equity research and financial operations, brings his expertise in making strategic financial decisions that power growth. His experiences ranging from preparing financials for an IPO at Rackspace Inc. to advising business leadership at J.P. Morgan, equips him to offer a comprehensive outlook on both the equity and fixed-income markets.

Victor Beck, a CFA® charterholder and a Rice MBA alumnus, specializes in uncovering investment opportunities that yield outsized returns. His academic and professional journey through equity analysis and real estate finance, combined with his tenure advising high-net-worth individuals at J.P. Morgan provide him with a unique perspective on both investment analytics and personal wealth management.

Together, the Beck brothers explore topics from everyday financial decisions to sophisticated investment strategies. They leverage their extensive experience and academic backgrounds in economics, management science, and finance to offer listeners practical advice, whether they're navigating market volatility or planning for retirement.

Join Hunter and Victor every week on "Beckonomics" for conversations that are not only rich in content but grounded in real-world application, helping you to make informed financial decisions with confidence.

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Episodes

EP19: From AI Mania to Market Expansion: What’s Next for Investors?
Yesterday
EP19: From AI Mania to Market Expansion: What’s Next for Investors?
In episode 19 of Beckonomics, Victor and Hunter delve into the recent performance of the S&P 500, highlighting the surge driven by mega-cap tech companies amid the Fed's rate hiking cycle and the AI boom. They discuss the expected market expansion as interest rates drop, leading to promising returns from mid-cap and smaller companies. The conversation explores the impact of interest rates on small and mid-cap companies, current stock market trends, and investment opportunities across various sectors.Victor emphasizes the importance of considering multiple factors, including future earnings and valuation, when evaluating stocks. He notes the underperformance of small-cap companies since 2023, contrasting with the high returns of mega-cap companies. Hunter explains that the concentration of returns in top companies like Nvidia stems from a flight to safety and AI mania.The discussion covers how lower interest rates can make smaller companies more attractive to investors, anticipating rate cuts in 2024 and 2026. They also touch on sector-specific analysis, highlighting opportunities in real estate, REITs, and utilities. Victor and Hunter conclude by examining macroeconomic trends and their influence on sectors like healthcare, energy, and infrastructure, advocating for active investing and bottom-up analysis in the current market environment.Tune in for valuable insights on navigating the stock market and identifying investment opportunities in today's economic landscape.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP18: What Does The Federal Debt, Budget & Spending Mean For Investing
1w ago
EP18: What Does The Federal Debt, Budget & Spending Mean For Investing
In Episode 18 Of Beckonomics Victor and Hunter delve into the escalating federal deficit and debt, projected to exceed 100% of GDP by 2025. They discuss the pressing need for fiscal discipline in light of the government's fiscal policy and recent credit rating downgrade. With the US interest burden equaling non-discretionary spending, the conversation highlights the urgent pressure on the government to address debt sustainability.Victor emphasizes the growing concern over deficits, especially when the economy is performing well with low unemployment and rising wages. Hunter examines the implications of higher interest rates on borrowing costs, stressing the importance of fiscal prudence. The episode also explores the impact of US government debt and credit rating downgrades on the economy, with Hunter questioning the sustainability of the US dollar's status as a global reserve currency.The brothers discuss the potential economic impact of the US government's debt repayment challenges, noting the significant concern over entitlement programs such as Social Security, Medicare, and Medicaid. Victor and Hunter conclude by advocating for economic growth through a balanced budget and addressing inflation erosion, emphasizing the need for a long-term solution to the government debt issue.Tune in for an insightful analysis of the federal deficit, spending, and debt, and their potential repercussions on the US economy.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP17: Consumer Inflation VS. Wall Street Inflation
Jul 9 2024
EP17: Consumer Inflation VS. Wall Street Inflation
In episode 17 of Beckonomics Victor and Hunter explore effective strategies to protect finances in an inflationary environment. Inflation impacts everyone, from consumers to investors, and understanding how to navigate its challenges is crucial. This episode explores the implications of rising inflation on personal finance, mortgage rates, and the stock market.The episode begins by examining how inflation affects everyday budgets and the broader economy. It provides insights into how the Federal Reserve's rate decisions influence inflation and mortgage rates, and what to expect from potential Fed rate cuts. The discussion highlights the importance of staying informed about Fed policies to make better financial decisions.Listeners will discover practical advice on investing during inflationary periods. The podcast covers strategies for safeguarding savings and maximizing returns in the stock market. It explains how inflation incentivizes investments and identifies sectors that may offer the best opportunities for growth.Whether concerned about rising prices, fluctuating mortgage rates, or maintaining purchasing power, this episode provides valuable insights and actionable tips. Tune in and gain the knowledge needed to manage finances effectively in an inflationary world. Stay ahead of inflation and protect your financial future with expert guidance.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP16:  Will The Presidential Election Effect Your Portfolio?
Jul 2 2024
EP16: Will The Presidential Election Effect Your Portfolio?
In Episode 16 of The Beckonomics Podcast, Victor and Hunter explore the intricate relationship between presidential elections, tax policy, government debt, and their significant impacts on financial markets and investing in this insightful podcast episode. The discussion covers how US presidential elections shape market trends and influence investment strategies by analyzing past election cycles and market reactions.Discover how changes in tax policy under different administrations can impact both corporate and individual taxes, influencing sectors and providing insights for strategic portfolio adjustments. The episode also delves into the implications of US government debt reaching $34 trillion, including its effects on interest rates, bond attractiveness, and overall market health.Gain valuable insights into sector-specific investment strategies, energy market dynamics, and expected high spending in the defense sector under different administrations. Learn about bipartisan issues like border security, infrastructure, and how cooperation on policy issues can lead to positive market implications.Whether you're a seasoned investor or new to the market, this episode provides essential knowledge to navigate the complexities of politics and finance. Join us to understand how presidential elections impact financial decisions and navigate the changing economic landscape with confidence.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP15: The MASSIVE Opportunity Crypto Is Giving Investors
Jun 25 2024
EP15: The MASSIVE Opportunity Crypto Is Giving Investors
In episode 15, Victor Beck, Vice President of Investment Research, and Hunter Beck, Vice President of Equity Analysis for Beck Capital Management, discuss the investment opportunities in cryptocurrencies and blockchain technology for investors. Cryptocurrencies and blockchain technology offer significant benefits for investors. Cryptocurrencies provide opportunities for high returns due to their volatility and rapid market growth. They enable diversification beyond traditional asset classes. Blockchain technology ensures transparency, security, and decentralization, reducing fraud risk and enhancing trust. Smart contracts automate and streamline transactions, lowering costs and increasing efficiency. Additionally, blockchain's borderless nature allows for global investment opportunities, bypassing traditional financial intermediaries. The technology's potential for innovation and disruption in various industries also promises long-term growth prospects for early adopters. Overall, these factors make cryptocurrencies and blockchain attractive for modern investors.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP14:  Why Investing At All Time Highs Is A Good Thing
Jun 13 2024
EP14: Why Investing At All Time Highs Is A Good Thing
In episode 14, Victor Beck, Vice President of Investment Research, and Hunter Beck, Vice President of Equity Analysis for Beck Capital Management, discuss why investing in all time highs can be a good thing. When stocks reach new peaks, it often signifies strong underlying fundamentals and positive investor sentiment. This momentum can drive further gains as confidence in the market grows. Additionally, investing at all-time highs aligns with the trend-following principle, capitalizing on upward trajectories. In 2024, market dynamics show robust economic recovery and innovation-driven growth, making high-performing stocks attractive. By focusing on well-performing sectors and maintaining a long-term perspective, investors can potentially benefit from sustained market strength and compounding returns.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP13: The COSTLY Mistakes When Rebalancing Your Portfolio
Jun 3 2024
EP13: The COSTLY Mistakes When Rebalancing Your Portfolio
In this episode, Hunter and Frank Beck of  Beck Capital Management discuss the costly impacts of rebalancing your portfolio. While traditionally recommended for maintaining asset allocation, can have costly impacts. Frequent rebalancing incurs transaction costs, including brokerage fees and taxes on capital gains, which can erode overall returns. These costs are particularly detrimental in taxable accounts where every adjustment triggers a taxable event. Additionally, rebalancing often involves selling high-performing assets to buy underperforming ones, which may result in missed growth opportunities if the high performers continue to rise. This can lead to suboptimal returns over time. Moreover, the psychological stress and complexity associated with frequent rebalancing can lead to hasty or poorly timed decisions, further impacting the portfolio's performance. Thus, while rebalancing aims to manage risk, the associated costs and potential drawbacks suggest that a more passive, long-term approach might be more beneficial for many investors.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP12: How The Housing Market is Hurting The American Dream
Jun 3 2024
EP12: How The Housing Market is Hurting The American Dream
In this episode, Victor Beck, Vice President of Investment Research, and Hunter Beck, Vice President of Equity Analysis for Beck Capital Management, discuss the impacts the housing market is having on Americans. With the housing market is experiencing significant difficulties due to a combination of factors. A critical shortage in housing supply has driven home prices to historically high levels, making it increasingly difficult for many potential buyers to afford a home. This lack of supply is exacerbated by institutional investors who purchase large quantities of residential properties, reducing the number of available homes for individual buyers and driving prices even higher. Additionally, the recent rise in interest rates has led to increased mortgage rates, making borrowing more expensive and further limiting access to homeownership. As a result, monthly mortgage payments have become unaffordable for many, discouraging potential buyers from entering the market. These combined issues of limited supply, aggressive institutional investment, and higher borrowing costs are straining the housing market. The impact is profound, as it diminishes affordability and accessibility, leaving many aspiring homeowners unable to achieve the dream of owning a home.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP11: The REAL Benefits Of Having A Financial Advisor
May 22 2024
EP11: The REAL Benefits Of Having A Financial Advisor
In this episode Victor and Frank Beck discuss the benefits of having a financial advisor. From maximizing tax benefits to alleviating financial stress, advisors play a pivotal role in guiding individuals towards financial success. Discover how advisors offer personalized financial planning strategies tailored to your goals and risk tolerance, helping you navigate complex investment decisions with confidence. Learn how their expertise can optimize your investment portfolio, ensuring you make informed choices that align with your financial objectives. Join us as we delve into the transformative impact of financial advisors, providing clarity and peace of mind in an ever-evolving financial landscape. Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP 10: How AI Is Creating Generational Investment Opportunities
May 17 2024
EP 10: How AI Is Creating Generational Investment Opportunities
In this episode the Beck brothers delve into the investment opportunities with AI.  From predictive analytics to automation, AI is revolutionizing the investment landscape, offering investors unprecedented insights and strategies. Discover how AI-powered algorithms are enhancing portfolio management, identifying market trends, and unlocking new avenues for growth. Gain valuable insights into the intersection of investing and artificial intelligence, and learn how to harness the power of AI to optimize your investment strategy. Don't miss out on this informative discussion about the future of investing in the age of AI.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP9: Why The Newest CPI Data Is Good News For the Economy
May 17 2024
EP9: Why The Newest CPI Data Is Good News For the Economy
In this episode, the Beck brothers delve into the recently released Consumer Price Index (CPI) data for April, which was published on May 15th. We provide a comprehensive analysis of how the latest CPI figures influence the Federal Reserve's economic outlook and policy decisions. The discussion covers various critical aspects, including the sectors that remain resilient despite the pressure of higher interest rates. We explore how specific industries are navigating the current economic climate and why they are less impacted by rate hikes. Additionally, they examine the interplay between the labor market and mortgage rates, shedding light on their combined effect on economic stability and growth. By understanding these dynamics, we gain insights into the broader implications for consumers, businesses, and investors. Join them as they break down the nuances of the CPI data, the Federal Reserve's response, and the multifaceted impacts on the economy. Stay informed about the factors shaping the economic landscape and how they might affect your financial decisions in this detailed and informative episode.Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
EP8: How To Balance A Portfolio In 2024 (60/40)
May 17 2024
EP8: How To Balance A Portfolio In 2024 (60/40)
In this episode the Beck brothers discuss the importance of a balanced 60/40 portfolio allocation. A 60/40 portfolio allocation is typically recommended where 60% of assets are invested in stocks and 40% in bonds, to achieve long-term financial goals. This approach provides a diversified portfolio, blending equity (stocks) and fixed income (bonds) to manage risk and optimize returns. Effective asset allocation is crucial for mitigating market volatility and ensuring capital preservation, especially during economic downturns. However there are many other avenues to utilize other than traditional bonds. Incorporating real estate investments can further enhance diversification and stability within the investment portfolio. The 60/40 portfolio allocation aims to balance growth potential with income generation, making it a popular choice for both financial planning and retirement planning. By diversifying investments across different asset classes, investors can achieve a more stable portfolio performance, reducing the impact of market fluctuations on their investment returns.Regular portfolio rebalancing is essential to maintain the desired allocation and manage investment risk. This process involves adjusting the proportion of stocks and bonds to align with the investor's risk tolerance and investment objectives. Opinions expressed are the general views of Beck Capital Management LLC.  The topics discussed and opinions given are not intended to address the specific needs of any listener. The information contained herein may contain information that is subject to change without notice.  Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor. Beck Capital Management LLC explicitly disclaims any responsibility for product suitability or suitability determinations related to individual investors.  Investing in securities involves a risk of loss. Past performance is not a guarantee or indication of future results. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.This information does not constitute an offer to sell or a solicitation of an offer to buy securities.Beck Capital Management LLC does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.