Market may face choppy months after bubble top, Andy Constan notes

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21.07.2026

Market may face choppy months after bubble top, Andy Constan notes — Bubble behavior signals choppy markets ahead

Andy Constan, founder and strategist at Damped Spring Macro, draws parallels between current market conditions and the Internet bubble period. Constan suggests that while it is unclear if the bubble has popped, choppy trading may follow, similar to the historical pattern after the Internet bubble's peak.

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Constan previously noted a sharp move in individual stocks, highlighting when ORCL shares dropped 58 percent following a shift in the company's business strategy. In another commentary, he observed that the ONDS CEO referenced him directly in public remarks, describing the executive as incompetent. These earlier observations provide additional context to Constan’s market perspective.

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