Santa Fe Advisors, LLC

Investment advisor for individuals and institutions


Inflated Worries»

September 20, 2021 –

Among the silver linings of the difficult past year have been the rapid recoveries in global economies and markets. In the US, corporate earnings and aggregate economic activity have now exceeded pre-COVID peaks. Inflated Worries

How Diversified is Your Index?»

April 9, 2021 –

With the rise of the S&P 500 as the primary benchmark for US large company equity returns, we thought it would be useful to cast some light on exactly how diversified this index is….or is not. Why is this useful? Because many investment portfolios seek to replicate the performance of the S&P 500, and many […]

If You Had a Crystal Ball»

January 25, 2021 –

Imagine that you had a crystal ball, which granted you the ability to see major future events before they occurred. To view the entire article, click on the following link:2021 01 25 If You Had a Crystal Ball

Strange Days»

October 14, 2020 –

In recent days I have struggled to settle on a theme for this commentary, particularly how I might synthesize into a brief note the important takeaways from monumental events that have converged in 2020. To view the entire article, click on the following link: 2020 10 14 Strange Days

Money Tsunami Drives Recovery»

July 20, 2020 –

The wild ride continues. After the COVID-19 virus prompted an economic shutdown resulting in roughly a 17% drop in global economic output, economies around the world are rapidly re- opening and growth is quickly accelerating. To view the entire article, click on the following link: 07 20 2020 Money Tsunami Drives Recovery

The Coronavirus Pandemic of 2020 – Market Commentary»

April 13, 2020 –

Financial market commentators often refer to black swans, a metaphor for extremely rare events that are virtually impossible to anticipate and which have a very significant market impact. Asteroid is another metaphor for the same phenomenon – certainly financial markets and the global economy have shuddered in recent weeks as if they have been hit by one. The financial and economic impact of the coronavirus pandemic has been particularly acute because it was unexpected, and thus represented a risk that was not reflected in market prices.