I am expecting job numbers to show improvement as retail is hiring like crazy and the government layoffs of teachers, police, etc. have been factored in. Inflation numbers should be interesting. Based on job losses and home price drops, any serious rise in inflation could ruin our economy and that of the worlds. If that happens, any stock you own will take a beating. IMHO.
I don't care about the other stocks I own. Most of my money is in 2 stocks that do nothing but go up with sick dividends. I don't chase miracles. I got a big enough of a snowball that I can sit and relax and watch the bank account soar. I put small buys in a few spec plays. Thought about SMT honestly at $9.50 but I read about the business and was not so happy after seeing the business model. Therefore I will wait like Bob Barker when the "price is right!"
In the short term we should be more concerned with deflation until after this "QE" quantitative easing business the Fed is doing, then inflation could be an issue. But with the battle for currency ratios internationally, a strong dollar would mean import prices go down, home mortgage appraisals are seeing the price of homes way down and possible further if the mortgage crises continues ... inflation is a non-factor as of now.