The AstraZeneca vaccine rejected by much of Europe as airlines skyrocket higher and tech

leads the market up even as inflation fears continue to weigh on risk assets.

Welcome to the Daily Briefing. I'm Jack Farley. For all of this and more, I'm joined by

Real Vision Managing Editor Ed Harrison. Ed, welcome back to the Daily Briefing. How are you doing?

I am okay. I'm still a little dazed after daylight saving time for those in Europe which hasn't

shifted over yet. We shifted the clock board. We sprung forward an hour and it was a rude awakening

for me today in particular. Yeah, a little bit of a slap at the face, but you know, sometimes you

need that inspiration to really focus on the market. So, Ed, what did you think of the price

action today? You know, pretty flat in the indices at the NASDAQ ending up just barely over 1%,

but one thing that I noticed, Ed, was that the airlines were up a great deal. United airlines

up 7%, American airlines up almost 8%, and just that the Jets ETF up a great deal as well.

What did you make of that price action? Yeah, so I mean, the the inflation trade is still playing

out to a certain degree. I was just looking across different markets. We know that Europe,

we can talk to that later. We saw the bonds rally there on the back of some AstraZeneca vaccine

problems. Well, crude was flat. Gold and silver were up today looking at that. You know, you talk

about the indices, the Dow, you know, 50 basis points, S&P, just 63 basis points. It was relatively

flat. It was somewhat of a calm day, and I think that there was no real direction other than the,

what you talked about in terms of the airlines, the US, reflation, people, you know, looking forward

to the reopening. That's still that rotation is still sort of happening. Yeah, just to give a

little color on the airlines, so that the TSA, they give their numbers out every day on the

the checkpoint, the number of total travelers that go through their checkpoint, what they call

the throughput. And you look at this, the black line is that number, and we're at 1.34 million

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