Why tariff-driven inflation and a weakening labor market haven’t been bad for U.S. stocks

1. U.S. stocks near record highs despite rising producer prices and weak job growth. 2. July's PPI surged by 0.9%, the largest increase in three years. 3. 81% of S&P 500 companies beat earnings expectations surpassing the five-year average. 4. Economic growth remains positive, aiding corporate earnings amidst inflation concerns. 5. Stagflation fears are tempered by strong earnings and tech-driven productivity.