Bahamas Hootenanny Is a Good Economic Sign

An occasional blast of extravagance could indicate that the worst of the global slump is over and a more normal level of risk-tolerance and silliness is returning. No one sane wants the return of that self-indulgent decadence that signaled the dying days of the 1990s, or even the gorging of 2007, but after five austere years of bunker-hunkering, an occasional burst of exuberance is welcome – and probably a sign that the world is back, spinning normally on its axis.