What factors does the speaker believe will contribute to economic growth in Europe?
Market Focused on Reflation Over Vaccine Issues: JPM’s Normand
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The video discusses the impact of vaccine rollout on economic recovery, focusing on reflation. It highlights Europe's lag in vaccinations but anticipates a growth boom once it catches up with the UK and US. The discussion shifts to potential market surprises, particularly the persistence of inflation, which could lead to changes in Fed policy and affect bond markets.
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3 mins • 1 pt
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What concerns does the speaker express regarding the persistence of inflation?
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