Economist Warns 'Panic Season' in Markets Due to 'Harvest Time' Mindset

TL;DR Summary
Economist Owen Lamont warns that August to October is historically a 'panic season' for markets due to low liquidity and the timing of harvests, which has been linked to past financial crises. He suggests that the tradition of summer vacations may contribute to market instability during this period, but also notes that remote work could mitigate these effects in the future.
Topics:business#august-volatility#finance#financial-crises#harvest-season#market-crashes#market-liquidity
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