Weekend Reads - May 03, 2025

Do Bonds Always Provide Diversification to Equities?; Enhancing Industry Momentum Strategies: Finding Hidden Neighbors; Vertigo: Preparing for Equity Drawdowns; and more...

• Do Bonds Always Provide Diversification to Equities? (Verus)

• Enhancing Industry Momentum Strategies: Finding Hidden Neighbors (Alpha Architect)

• Vertigo: Preparing for Equity Drawdowns (Man)

• Trend Following: Complexity, Dispersion, and the Role of Luck (Price Action Lab Blog)

• Trend-Following, Trading Capacity, and Diversification (Disciplined Systematic Global Macro Views)

• No Vol, No Cry? (Methods to the Madness)

• How We Prepare for Anything, but Nothing in Particular (Eagle Point Capital)

• Why Tariffs Won’t Solve Our Trade Problem (Research Affiliates)

• Buy-The-Dip or Buy-The-Bottomless-Pit? (Acadian)

• Good Vs. Bad Inflation (Klement on Investing)

• Kevin Davey II - Selecting Optimal Strategies for Peak Performance (🎧 The Algorithmic Advantage)

• Roxton McNeal and Siddharth Sethi – Building Multi-Strategy QIS Portfolios (🎧 Flirting with Models)

• Doomberg: Policy Uncertainty is the New Systemic Risk (📺 Raise Your Average)

• Anton Vorobets, Next Generation Investment Framework @ Quant Insider (📺 Fortitudo Technologies)

• Do Calendar Anomalies Still Work? Evidence and Strategies (Relative Value Arbitrage)

• Breaking the Dimensional Barrier: A Pontryagin-Guided Direct Policy Optimization for Continuous-Time Multi-Asset Portfolio by Huh et al. (arXiv)

• Chronologically Consistent Large Language Models by He et al. (arXiv)

• Trading VIX on Volatility Forecasts: Another Volatility Puzzle? by Degiannakis et al. (SSRN)