Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how upgrades and downgrades drive corporate bond performance.

Quote of the Day

"You are either a casino or a tourist. So if you claim you can count cards I need to be convinced they are countable."

(Kris Abdelmessih)

Chart of the Day

Buffer funds generally do what they say they are going to do.