It's said that history unfolds in cycles.
That civilizations and societies boom, bust and rise anew to repeat the pattern -- a pattern that is surprisingly predictable in both its timing and trajectory.
Today's guest expert is demographer Neil Howe, co-author of the book The Fourth Turning, a seminal work in which he and his fellow researcher William Strauss laid out the evidence for these "seasons" of societal change that they referred to as "turnings".
When that book first came out in 1997, Howe & Strauss warned that the next societal "winter" -- the next "4th turning" to use their label -- would begin early on in the new millennium.
In his brand new sequel, "The Fourth Turning Is Here", Howe reveals that we are now indeed deep within a Fourth Turning that started roughly in 2008, commensurate with the Global Financial Crisis.
Our current society has entered the "bust" part of its cycle -- where the status quo falls apart -- often chaotically.
What should we expect from this period of disruption? Are there steps we can take to improve our odds of persevering?
And perhaps more importantly, how can we position ourselves to play a constructive role -- and possibly thrive -- as this Fourth Turning concludes, to be replaced -- as history suggests -- by a new & hopefully better, order.
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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