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

[paleotn]

6. Possible retrench in equity markets? Yes. Scary unemployment? Ain't happening.

Short of another pandemic, no. Way too much tightness in labor markets. In my area, unemployment has been essentially zero for months and months. We'd do a hell of a lot for more warm bodies but they're just not there. If economic conditions soften a bit, we just won't fill open positions we can't fill anyway.