“What promotes risk in the economy when you think about it is when people are calm, overly confident, sure about the future, and they've been rewarded for doing the same thing too long.”

If I had to say, that sentiment is the exact opposite of today.

People are fearful, unsure, and feel things have not been going well.

“This is another reason why the economy has a hard time recessing when everyone is fully hunkered down and waiting.

Its hard to get a terrible thing if everyone is prepared for it.”

All quotes from Jim Paulsen