Thanks in advance. The balance invest in a diversified stock portfolio such as Vanguard Total Stock index Portfoio. With full employment and the economy growing rapidly, inflation should be a significant concern. If there is more demand than there are goods made, then inflation is likely to increase. If there is more demand for labor that there are workers, then wages, costs, and therefore prices are liely to increase.
Productivity is key.
If the worker stays productive, then the economy and real wages can continue to grow at a reasonable rate witout inflationary pressures. Many newpapers give a letter grade based on how will a bond fund does compared to its appropriate peers. This is a good start. What you will find is the cost is key. Thanks for the question.