The Last Hurrah Summer

We're still on revenge spending, but it can turn fast. We haven't even begun to see how the damage that that can do when we start to see downtowns almost empty and restaurants starting to close. There's this mentality that's kind of sept in where it's like, okay, I may have lost my job, but I'll be fine. My daddy will bail me out, right? That's sort of a take on your revenge spending. And also, there's the intangible wealth effect. The stock market keeps going up. Even with our 401 case, we are wealthier, although we're not because that's not realized yet, but we feel it. So as long

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