When drive into my neighborhood downtown areas, I still see 'hiring' boards at lot of places with a healthy % advertising higher than minimum pay hourly rate. A

When drive into my neighborhood downtown areas, I still see 'hiring' boards at lot of places with a healthy % advertising higher than minimum pay hourly rate. At the same time I also over heard complaints at grocery & super markets on how things are getting costlier. An elderly gentlemen was complaining how he used to get 3 items but now gets only 2 for the same price. Even as a layman, I think the high employment rates and healthy housing/stock markets mean there is lot of money in the market which is driving demand which in turn driving inflation. With Fed tightening up interest rates, money may stop flowing into the market yet and hence ease the demand eventually inflation. A likely side effect is companies have no money to fund growth and hence recession (and job cuts etc.). Next one year is going to be tight. However, its still a stretch to say the stock market will crash, stay flat etc. etc. I think these predictions are more media created (they are excellent click bait) than actual warnings from genius investors. For example, if you follow Michael Burry's tweet it's more of a rant or running commentary (combined with partisan view point) than doomsday predictions. The bigger problem in my opinion is partisan politics is stealing attention from more important problems. Dems are wrong with the number of freebies being thrown in but Reps are also wrong ignoring climate change (or kicking up the abortion repertoire). The checks and balances thing is not working currently.