Eventually the piper needs to be paid. If people are taking more measured risks in search of growth vs outlandish, then eventually we will see a gradual contra

Eventually the piper needs to be paid. If people are taking more measured risks in search of growth vs outlandish, then eventually we will see a gradual contraction vs sharp correction. They will expand bit by bit into risky waters, get hurt a little, but and pull back, but not so sharply. Or maybe everyone is just fooling themselves that this time will be different