The economic outlook may not be as bad as the market fears. Here's where investors should be looking

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. 

Brendan Mcdermid | Reuters

Inflation is soaring, the stock market is tumbling and consumers are worrying more and more about their future. None of that is good, but it’s probably time to tap the brakes a little on worries that everything is crashing down.