investors appearing increasingly confident that the federal reserve will be able to tame rising prices. and that could be why we ve seen the rise in equity prices. and now turning to the inflation report due out later today and the key here is looking at whether inflationary pressures are spreading monday the sectors hit hardest by the pandemic, beyond the pandemic-driven disruptions and whether we see rising prices in places like the services sector. and whether the rise in wages is having an effect on prices in those parts of the economy. so a big report due out for investors later today. here s a stunning statistic, the world health organization said that more than 50% of europe s population will be infected with the highly contagious omicron co-individuals 19 variant over the next two months. you re in london. what s the response to that there? and how alarmed should other continents be about this report? well, jonathan, that prediction, stunning. and it is getting a lot of