Sam Miller says the markets can tolerate some volatility as long as earnings grind higher. He joins Alex Coffey on Next Gen Investing with his broader takeaways on the current investing landscape. As it relates to inflation, Sam sees oil as the "dominant variable" weighing on prices and goods tied to higher energy costs. He explains the reasons why a "higher for longer" rate environment could be stickier and what it means for investment portfolios moving forward. Later, Sam posits potential market reaction to the 2026 midterm election cycle.