Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the challenges of hedging inflation risk.
Quote of the Day
"The best thing for an algorithmic trader is another algorithmic trader who is overconfident but not as good."
(Byrne Hobart)
Inflation
- Do stocks protect against rising inflation expectations? (papers.ssrn.com)
- Why TIPS don't move one-for-one with CPI. (morningstar.com)
- Does the historical relationship between real gold prices and TIPS yields hold water? (marketwatch.com)
Defined contribution
- Do DC investors care about ESG? Not that much... (papers.ssrn.com)
- Target-date funds reduce the desire for advice. (papers.ssrn.com)
Research
- Do stocks do a good job of forecasting recessions? (alphaarchitect.com)
- Even the most patient investors have a finite time horizon. (klementoninvesting.substack.com)
- What maximum drawdowns tell us about future performance. (papers.ssrn.com)
- On the role R&D spending plays on forward returns. (evidenceinvestor.com)
- Is there are a return premium for 'brown stocks'? (alphaarchitect.com)
- Do alternatives have a place in the ETF structure? (bpsandpieces.com)
