Stagflation Fears Fading, Consumer Resilient

"Warnings about the demise of the U.S. consumer have proven false all year, in part because of the stock market boom."

"The March jobs report may help tamp down near-term 'stagflation' concerns because it suggests the labor market isn't as soft as the dour February data hinted at."

"Hopes have climbed recently that the economy can avoid what’s called 'stagflation' and hit the bull’s eye where it cools enough to get inflation under control but stays sturdy enough to avoid a bad recession."