Confident consumers are risk takers. Not only do they spend freely, they freely borrow in order to spend. Jay Powell has done his absolute best (I know) to convince Americans they have nothing to fear insofar as any economic fallout from COVID might be concerned. The Federal Reserve working in combination with the federal government has got every conceivable angle covered. In the multiple trillions.
So, stop worrying.
Yet, the Federal Reserve also reports that some substantial slice of the consumer cohort is worried. Those within it must be. Revolving consumer credit is a window