Top economist says it’s ‘panic season’ in markets and it’s your fault for taking summer vacation. Blame the ‘harvest time’ mentality

fortune.com/2025/08/10/why-august-stock-market-crash-panic-season-harvest-history-owen-lamont

What is August really about? Owen Lamont, Senior Vice President and Portfolio Manager at Acadian Asset Management, suggests that for normal people, it’s about relaxing on the beach, but for financial markets, it’s “panic season.”
Lamont, who is a leading economist at the $150 billion…

This story appeared on fortune.com, 2025-08-10 15:10:00.
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