Highly likely. When everyone's immune system goes down in the colder seasons, when everyone's caution eases when the cases dips, society and social norms expecting everyone to congregate again and etc.
Meanwhile, even if an efficient vaccine does every come, I do not expect the vaccine and any antiviral treatments to be equally accessible and available to people of different income levels (especially so in the U.S). Add to testing and logistical dysfunction and societal stubborness. So I do think many developing countries and the U.S to be among the last to curb the virus, while also being the last remaining obstacles to the world in curbing the virus as a whole.
The truth is strictly what the ones in power perceives it to be.
Enjoy any good things, even the little and menial ones, as you will never know what impending distresses could descend upon you in a moment.