Weekend Reads - Mar 22, 2025

Great Powers, Geopolitics, and the Future of Trade; Does Gold Belong in a Risk Premia Portfolio?; The Value of Overnight Trading; Never Root for a Recession; and more...

• Great Powers, Geopolitics, and the Future of Trade (BCG)

• Does Gold Belong in a Risk Premia Portfolio? (Robot Wealth)

• A User’s Guide to Restructuring the Global Trading System (Hudson Bay Capital)

• The Value of Overnight Trading (Disciplined Systematic Global Macro Views)

• Never Root for a Recession (Of Dollars and Data)

• The 2020-2025 Sovereign Debt Crisis: What have we learnt and what lies ahead? (Lazard)

• Can AI Empower Investors? (FA Mag)

• The EV Shakeout (Research Affiliates)

• More talk about portable alpha - Is this right time? (Disciplined Systematic Global Macro Views)

• The Case for International Diversification (Market Sentiment)

• Owen Lamont, Senior Vice President, Acadian Asset Management (🎧 Alpha Exchange)

• Trading the Rollover Syndrome: How I Think About Shortselling (PauloMacro's Substack)

• AI Has Learned How to Capture Our Emotional Metadata (Every)

• Fintwit Book Club Feb 2025: Advanced Portfolio Management: A Quant's Guide for Fundamental Investors (📺 Yet Another Value Podcast)

• Scott Phillips - Finding Ugly Edges in Crypto Markets (🎧 Flirting with Models)

• Multi-day Return Properties of Leveraged Index ETFs by Wang (SSRN)

• Twitter Follower Growth: Social Media Engagement as Investment Indicators by Pyun (SSRN)

• Regimes by Mulliner et al. (SSRN)