Same here. Feels like the forest fire stories. Every time the msrket throws a tantrum, central banks print money, and everyone is kept happy (for now).

Oh, the wonders of what you can do in low inflation environments, at least for a few decades

It’s not the flattening of the economic cycle, it’s the lack of wealth redistribution which causes those with the assets (the top few deciles) to keep accelerating their gains every time there are bail outs.