The rate increases are a necessary adjustment as we return to normal.
Job growth is down, but the unemployment rate is also down.
The existing economic and market momentum should be enough to keep the country growing throughout next year.
With the appearance of the Omicron variant of the Covid virus, stocks have pulled back.
Taking a look at what actually happens when inflation hits the economy.
The economic news continues to be uncertain.
October will be the month when we find out if that continues or if the improving trends turn it back around.
From an economic and market standpoint, the impact would likely be limited.
Right now, that possibility looks extremely unlikely.
Market risks remain despite recent rally.