Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at what macro variables help drive the stock-bond correlation.

Quote of the Day

"When it comes to equity markets, nothing is as simple as it seems. The narrative of low interest rates serving as a panacea for extremely high valuations is the latest example."

(Charlie Bilello)

Chart of the Day

The emerging markets are no longer emerging.