I guess it has more to do with the timing of tapering comes at a time of covid resurgence and anti-globalisation. 

One legacy of Biden is that he has a knack of picking the wrong guy for the job and keeping them. 

Giving Federal Reserve some time from tapering.

Game theorist will vouch for status quo as the best option for Putin. If it is red herring, then it does not help Biden in fighting inflation. One can only conclude this is an extremely inept administration where raising tension is not helping anyone.

Demand may not be the only arbiter for inflation this time. Stagflation may be more difficult to tame than inflation per se. 

Too much of any may not be a good thing. Should instead use capacity to inoculate the entire world. Meanwhile embrace new "normal" way of living and not insist on reverting to the past. 

While a good jobs report is no certainty but a resurgence of covid will certainly be on the back of investors mind. 

Could labour dislocation the cause for why bond yields are not reflecting the elevated cpi and ppi projections. 

Don't even want to pretend to have liberal media anymore. 

Policy deadlock and deteriorating trade relations probably underlies the pessimism. 

Wouldn't this weak economic growth be a catalyst for more inflated stock prices as less money is put into productive investment? 

Indeed Arm takeover is anti-competitative.