This is a summary of links featured on Quantocracy on Monday, 07/19/2021. To see our most recent links, visit the Quant Mashup. Read on readers!
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Statistical Distributions and the Costliness of Hidden Assumptions [Enjine]By the third year of my PhD program, I was impatient. I had endured 8 years of lectures, exams, and keeping close watch over my bank accounts balance. Meanwhile, my colleagues from undergrad had embarked on interesting projects with big potential, and were getting paid well to do so. Their lives were going somewhere. Mine felt at a standstill. I wanted a taste of what they had, so I took a few
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Myth Busting: Equities are an Inflation Hedge [Factor Research]Equities generated attractive nominal returns across all inflation regimes However, real returns were zero when inflation was above 10% Energy and materials performed best, consumer-facing sectors worst INTRODUCTION I came of age and studied economics in the 1970s and I remember what that terrible period was like, U.S. Treasury Secretary Janet Yellen told a U.S. House subcommittee in May