Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the bundle of factor bets that are thematic ETFs.

Quote of the Day

"An inverted yield curve doesn’t cause a recession. It conveys market expectations that there is higher potential for one in the future. And the market is very smart, so it is usually right."

(Jack Forehand)