Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the non-normality of moves in the VIX.

Quote of the Day

"Over the long term, companies with negative cash flows have produced negative returns."

(Larry Swedroe)

Chart of the Day

The correlation of emerging market debt are still relatively low.

(factorresearch.com)