Something fundamental has shifted in our economy, and most investors are unprepared.
Traditional strategies that worked for decades—the 60/40 portfolio, buy-and-hold investing, "diversification" across correlated assets—are struggling in today's environment. Inflation remains persistent. Markets experience significant volatility. Geopolitical tensions continue to escalate.
This isn't random chaos. It's a recognizable historical pattern.
Every 80 to 100 years, American society enters what historians call a "Fourth Turning"—a period of crisis that reshapes our economic and political landscape. The Revolutionary War era. The Civil War period. The Great Depression and World War II era.
Each time, traditional approaches faced new challenges. Each time, those who recognized the pattern early adapted their strategies accordingly.
We may be in the fourth turning of our lifetimes, which some suggest began around the 2008 financial crisis and could continue until around 2030.
In our latest educational video, Mike Preston explores what this historical framework might mean for portfolio construction and why the coming years could be particularly important for financial planning.
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Any market outlook, projections, or opinions expressed herein are subject to change without notice. While we strive to provide accurate and timely information, there can be no guarantee that the information is accurate as of the date it is received or that it will continue to be accurate in the future. Our own investment strategies and allocations may change as our firm’s research and market conditions evolve.
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Options strategies carry their own risks and may not be suitable for all investors. These are examples of strategies we may employ and do not represent specific recommendations or guaranteed results.
Certain information contained in this newsletter is derived from third-party sources believed to be reliable, but we cannot guarantee its accuracy or completeness. References to specific securities, sectors, or indices are based on publicly available data and are not endorsements or recommendations by the adviser. Options strategies carry their own risks and may not be suitable for all investors. These are examples of strategies we may employ and do not represent specific recommendations or guaranteed results.
