Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at what really drives interest rates.

Quote of the Day

"So yes, flows may matter in the short, and maybe even the intermediate term. As Graham said, the market is a voting machine. But it eventually weighs."

(Drew Dickson)

Chart of the Day

Commodity correlations have fallen back to levels not seen for a decade.