Anton Bayer's note on the week since 2022. Markets, the economy, and the occasional essay, written for clients who want to understand what is happening without being told what to do about it.
Atom feedWith the Fed silent and Wall Street split nearly 50/50 on next week's rate decision, this UPdate explains why the market's mood swings may matter less than what a future rate cut would signal.
Anton Bayer, CFP® · September 8, 2026 · 8 min read
Since June 2, the major indices have traded in a narrow, directionless range, a market version of a pilot losing visibility in the clouds. This UPdate looks at why disciplined investors trust their instruments, the strongest quarterly earnings growth since 2021, and the two questions every investor should be asking now.
Anton Bayer · September 1, 2026 · 9 min read
Headlines warn of AI-driven layoffs, but the latest BLS jobs report shows unemployment easing and labor productivity rising. What it means for investors.
Anton Bayer · August 25, 2026 · 6 min read
Since June 2, major indices have traded in a relatively flat range while corporate earnings kept growing, gradually making valuations more attractive.
Anton Bayer · August 19, 2026 · 7 min read
Anton Bayer, CFP®, on when to trim concentrated winners like Nvidia and Western Digital, and disciplined, tax-conscious strategies for reducing a position.
Anton Bayer · August 12, 2026 · 8 min read
Anton Bayer, CFP®, on Sandisk's 3,300% surge and swift reversal as a case study in concentration risk, and the diversified, tiered strategy that protects wealth once it's built.
Anton Bayer · August 4, 2026 · 10 min read
Anton Bayer, CFP®, on Fed Chair Kevin Warsh's less transparent guidance, a jump in housing starts, rising import prices, and what elevated inflation and rate uncertainty mean for portfolios.
Anton Bayer · July 22, 2026 · 9 min read
The S&P 500's summer trading range, Brent crude's price swings, June's cooling CPI report, and what Fed Chair Kevin Warsh's quieter guidance means for investors heading into third-quarter earnings.
Anton Bayer · July 14, 2026 · 9 min read
Today, I received a message from a long-time client. The message was short and direct: “I'm up 1,200% and wondering what the top is?”
Anton Bayer · June 24, 2026 · 6 min read
President John F. Kennedy popularized the phrase 'A rising tide lifts all boats' in the early 1960s, a simple image for how broad economic growth carries everyone with it.
Anton Bayer · June 18, 2026 · 7 min read