What It Felt Like When Everyone Was Hopeful, Happy, and Rich

If you look at various surveys, Americans feel grim about the state of the economy. But even outside of the economy itself, you see negative readings for faith in various American institutions. Pessimism seems to be in right now, at least on a societal level. But it wasn't always this way. In the 1990s, we were between the Cold War and the War on Terror. The stock market boomed through much of the decade. Optimism was in. So what was that like, and then how did it come to an abrupt end in the early years of the new millennium? On this episode, we speak to Colette Shade, author of the new book Y2K: How the 2000s Became Everything, about this time period in America, what stood out, and what is relevant today.

Related reading: Author of 'Dow 36,000' Book on Lessons Learned Since the 1999 Prediction Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

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