A senior portfolio manager at Acadian Asset Management, Owen Lamont, has identified a historical pattern of market crises occurring between August and October, which he terms "panic season." This phenomenon is attributed to reduced trading liquidity as many market participants take summer vacations, amplifying the impact of any shocks. Lamont's research traces this pattern back to the U.S.'s agricultural roots, where harvest time necessitated financial flows that coincided with market downturns. AI
RANK_REASON The item discusses an economist's analysis and historical pattern of market behavior, rather than a new event or release.
- 1857
- 1873
- 1997
- Acadian Asset Management
- August
- August 2007
- Black Monday
- Harvard University
- July 1791
- Lehman Brothers
- Long-Term Capital Management
- October
- October 1987
- Owen Lamont
- Princeton University
- quant quake
- September 2008
- Yale School of Management
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