Acadian Asset Management
Coverage of Acadian Asset Management in the Nexus archive.
- The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’
Economist Owen Lamont reversed his stance on market conditions, warning of 'chaos' as four factors indicating a potential bubble—overvaluation, bubble beliefs, equity issuance, and investor inflows—are now fully present. The surge in IPO activity, including SpaceX, Anthropic, and OpenAI, alongside extreme stock return dispersion in chip stocks like Micron and SK Hynix, triggered his alarm.
- ‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
The Nasdaq dropped sharply as concerns over an AI-driven tech stock bubble intensified, with analysts warning that overinflated earnings expectations mirror the 1999 market bubble. A strong jobs report and Broadcom's weak guidance triggered fears of Fed rate hikes, causing AI-linked megacaps like Nvidia to lose significant value.