02-20-2017, 03:15 PM
(02-20-2017, 02:26 PM)SomeGuy Wrote: I'm going to post this in two threads because it is relevant to each.This article actually has some relevance to the discussion on a third thread, too: Homelanders: Mid 90s or Mid 00s?
On that thread I have recently contended, contrary to Neil Howe's position, that the Millennial generation ended in 2000, giving way to the Homelanders in 2001 with the 9-11 attacks. This turning is likewise corroborated by another cycle theory to which I subscribe, only in the most general sense. As with 4T theory, it places great emphasis on social mood, which S&H makes frequent mention of throughout their book. The stock cycle theory asserts that shifts in social mood are more or less coincident with major peaks and troughs in the US equity markets. The Year 2000 was just such a turning point, when the dotcom boom went bust, as measured by the NASDAQ index.