Could be just blowing off steam. It's been two years since the meltdown. Two years of deleveraging. In my household, we're debt-free except for an above-water mortgage refinanced down to under 4%, with about 8 years to go until it's paid off.
We've mostly been buying stocks, but we can buy stuff here and there. The cellar is stocked with emergency supplies. Income is fine. Actually, the last two years for us haven't been bad at all.
IIRC, most retailers make most, if not all, of their profits in the last quarter. Spending should be up. But even if spending is up, doesn’t mean margins are. Wish we just had some trustworthy numbers to look at.
We've mostly been buying stocks, but we can buy stuff here and there. The cellar is stocked with emergency supplies. Income is fine. Actually, the last two years for us haven't been bad at all.
HOORAY Huck household! I would suspect that most conservatives would be in (or trending to) that same position.
Ive just gone about my regular business, with no regard for the rogues in DC.
I've definitely cut back on unnecessary spending, which has helped me to paydown debt. Yes, we are stocking some basic food supplies, some ammo and everyone in the family now has a firearm. I've defunded every known socialist/enterprise/collective that I'm aware of.