Daybreak Europe Show Open: Awaiting FOMC Minutes

The video discusses economic indicators such as job shock and CPI, and their implications on the FOMC and inflation expectations. It highlights market reactions to payroll data and investor surveys, noting a bullish outlook on growth and inflation. Concerns about inflation and stagflation are addressed, with a focus on the Bank of America Fund Manager survey. The video concludes with a discussion on global vaccination efforts, particularly in India.

What does the text suggest about the current state of stagflation?

What is the significance of the COVID concerns mentioned in the text?