Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at what we can learn about stock market performance around prior pandemics.

Quote of the Day

"Academic investment research implicitly assumes that the economic conditions that created those results will persist. There is strong reason to believe that will not be so."

(John Rekenthaler)

Chart of the Day

The small value premium has historically been highest during bad economic times. (via Verdad Capital)