The economy, and inflation, are revving up at a terrible time for Biden

[jmbar2]

2. This worries me a lot

The stock market is likely to have a significant pullback late this spring. Part of a very normal cycle of growth, and pullbacks. I'm seeing estimates of a 300-500 point drop in the major indices.

Investors and traders like these pullbacks/corrections, but it couldn't come at a worse time. Layoffs and decreases in household retirement accounts will be very scary, giving lots of ammunition to use in the election.

Buckle up.