EICKnotes for Nov 12, 2013
Interesting stuff from this mornings financial news.
1. China
- China's Third Plenum has concluded, Document 9 was a key communique that circulated within the party conference and lays out the way forward. (China File)
- Iron Ore Rallying as Cargoes to China Reach Record: Commodities (Bloomberg)
- China's Third Plenum Concludes Big On Promises, Hollow On Actions (ZeroHedge)
2. All about Vol
- Indexology: How Much Popularity Can Low Volatility Stand? (ETF Trends)
- The VIX, the Variance Premium and Stock Market Volatility (SSRN)
- Low-Volatility Cycles: The Influence of Valuation and Momentum on Low-Volatility Portfolios (SSRN)
- Volatility vs. Tail Risk: Which One is Compensated in Equity Funds? (SSRN)
3. Bottom of the News
- Information Ratio and its Relative Strength for Portfolio Managers (Quant At Risk)
- Bond/Stock Correlation: A Quantitative Headwind for Asset Allocation Strategies (The Augmented Trader)
- Interview with George Clooney (Esquire). Great line that describes Clooney as:
A guy gracious enough to ascribe all that came to him as a matter of luck - while holding an ingrained conviction that nothing is ever really accidental