You probably need to do nothing, except maybe diversify. Inflation will happen to also the goods and services offered by the companies in your portfolio. It i

You probably need to do nothing, except maybe diversify. Inflation will happen to also the goods and services offered by the companies in your portfolio. It is not inflation itself that scares the market; it is the feds reaction to it, which will raise interest rates. If interest rates rise, the yield you can receive from buying “risk-free” assets (ie treasury bonds) also rises. When your risk free rate rises; the risk-on returns (especially of a high CAPE environment!) of being in the market are a lot less enticing. So money flows from the market into bonds, and then the market drops. If your portfolio drops along with the market at large, you’ve not really lost anything, it’s just the numbers changing (assuming you’re not retired or soon to be!). Beyond waiting-and-seeing, taking out fixed interest loans to buy assets is probably a good move; unless the performance of those assets is tied to the interest rates (ie probably a wash to buy a home now if you expect interest rates to rise)