Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at whether relative skew is a priced factor.
Quote of the Day
"Whether this time is different is very hard to test empirically. It’s always possible that the world changed yesterday in a way that is completely unpredictable and not related to past history."(Andrea Frazzini)
Chart of the Day
The real price of gold has surged of late. What has changed since it’s last run-up?