Markets still has potential for growth

Metals (DBB) are stronger than the dollar (UUP). So the market is heating up and despite the local correction there is still potential for growth.
It also predicts inflation, which might force the Fed to raise rates. But last time it took them 7 years to react.
Inflation (below) is also rising. It can fluctuate within some acceptable band for years.
Yields on 10-year treasuries are also rising. But also within some normal limits.