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 feedThe Jerome Powell and the Federal Open Market Committee (FOMC) were in a real bind in 2020. They recognize the danger of ultra-low interest rates leading to hyperinflation. However, the coronavirus pandemic superseded ec
Anton Bayer · April 19, 2023 · 7 min read
I trust you had a pleasant Easter weekend having time with family or friends. This weekend we had our three adult children, their spouses, and their 10 children all together for the first time in ten years. The last time
Anton Bayer · April 12, 2023 · 6 min read
The economic reports of the past several days indicate a slowing economy that continues to grow, albeit at a slower pace. The Federal Reserve's quick response early last year with their rate hike campaign appears to have
Anton Bayer · April 5, 2023 · 5 min read
One indicator to watch to assess the economy's health is by monitoring inventories. Business owners and sales and purchasing managers are watching their business and customer activities to forecast how much inventory the
Anton Bayer · March 29, 2023 · 4 min read
Last week the University of Michigan released its Consumer Sentiment Index for March, which dropped for the first time in four months. This report comes before any recent news about the banking industry, and I would expe
Anton Bayer · March 23, 2023 · 7 min read
It was an extraordinary experience for the years we lived in Cupertino, AKA Silicon Valley. During the late 1990s, neighbors were becoming millionaires and some billionaires overnight when their companies had an Initial
Anton Bayer · March 15, 2023 · 9 min read
On Monday, the Bureau of the Census, U.S. Department of Commerce. Released its monthly U.S. Factory Orders report. New orders for U.S. manufactured goods fell 1.6% month-over-month (MoM) in January after a 1.7% rise in D
Anton Bayer · March 8, 2023 · 6 min read
Last week the US Bureau of Economic Analysis released its Q4 2022 Gross Domestic Product (GDP) report. The economy, after two-quarters of contraction in Q1 and Q2 2022, recovered with economic growth in the remaining two
Anton Bayer · February 28, 2023 · 5 min read
The economy roared back from the 2020 coronavirus shutdown at a pace that surprised all, including the Federal Reserve. To slow the hyperinflation caused by trillions of stimulus money chasing too few goods, the Federal
Anton Bayer · February 15, 2023 · 6 min read
Last week the Midwest endured a weeklong ice storm. Since moving to San Antonio in 2021, we have experienced once in 100-year weather phenomenon every year. Leading into Valentine’s weekend 2021 and a month since moving
Anton Bayer · February 8, 2023 · 6 min read