Excess Returns

The Fourth Turning Is Now | Neil Howe on the Coming Financial Reset and Who Rebuilds What’s Broken


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What does it mean to come of age during chaos—and how does that shape the generations who must lead us through it? In this thought-provoking episode of Rabbit Hole, Dave Nadig speaks with Neil Howe—author of The Fourth Turning Is Here—about the evolving role of Gen X in today's world, the generational dynamics underpinning societal shifts, and what history teaches us about crisis, community, and rebirth. This is not just a theory session—it’s a practical guide to understanding where we are in the cycle and what might come next.

Topics Covered:

Why generational transitions are slowing—and why that matters

The Gen X identity crisis: from latchkey kids to future elders

How community rises from conflict during fourth turnings

Millennials' collective investing mindset vs. Gen X contrarianism

The historical role of financial repression and inflation in crises

Parallels between Gen X and the Lost Generation

How institutions are built—and who builds them

Will the next societal reboot be state-driven or community-driven?

Global synchronization of generational crises and what that implies

What comes after the fourth turning—and how Gen X fits into it

...more
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