"Normal" is meaningless. Markets are always changing. This market will also change. Maybe increasing impact of work from home and empty office buildings will do it in the near term.
Maybe baby boomers downsizing, moving into homes, and dying will do it in the long term.
Maybe there will be runaway inflation and the fed will bring in and crippling interest rates that cause a deep recession in the short term.
But the future market won't be what it is today. The same shortsightedness that wasn't able to foresee the impact of millennials will fail to see what comes next.
The demographic impact of the millennial generation was a big topic of discussion in the late 90s and early 2000s. Since then the discussion has gotten a lot stupider focusing on pop culture stereotypes. A large group of people passing through life stages at the same time are going to have an impact.
Maybe baby boomers downsizing, moving into homes, and dying will do it in the long term.
Maybe there will be runaway inflation and the fed will bring in and crippling interest rates that cause a deep recession in the short term.
But the future market won't be what it is today. The same shortsightedness that wasn't able to foresee the impact of millennials will fail to see what comes next.
The demographic impact of the millennial generation was a big topic of discussion in the late 90s and early 2000s. Since then the discussion has gotten a lot stupider focusing on pop culture stereotypes. A large group of people passing through life stages at the same time are going to have an impact.