Equity markets are sitting pretty near record territory as the week kicks off Tuesday. Fresh economic data painted a bullish picture—third quarter GDP came in strong, showing the economy's got some real momentum. So far so good, right?

Here's the catch though. Inflation's still running hot. Way too hot for comfort if you ask most folks watching the bond markets. And here's where it gets interesting: consumers are tapping out. Confidence is sliding, which usually means spending power is about to follow suit.

It's that classic tension we keep seeing play out—good growth numbers clashing head-on with persistent price pressures. Markets love growth, but they're nervous about what comes next when people start tightening their belts. The rally's holding for now, but beneath the surface, there's a lot of uncertainty about whether this momentum can stick around.