Not sure what to think at this point in light of the inflation data. If the economy is really headed towards a recession, then the Fed might have its work cut out for it. I would think that it wouldn't be so easy for them to stimulate growth if inflation lurks.
I'm not planning on making any large moves as a result of my nervosity, however. I suppose it might change how I deploy fresh funds for the retirement accounts in the upcoming year. What fun we are all having.