Beef Bourguignon - Rothliving

Ingredients

• 2-3 tablespoons olive oil
• 4 ounces center cut smoked bacon, sliced 1/4-inch
• 1 1/2 pounds beef tenderloin, cut into 1-inch cubes
• Kosher salt
• coarsely ground black pepper
• 4 ounces carrots, medium dice
• 4 yellow onions, medium dice
• 2 cloves garlic, chopped
• 1/4 cup Cognac or brandy
• 2 cups high quality pinot noir
• 1 cup beef stock
• 1 tablespoon tomato paste
• 1/2 teaspoon fresh or dried thyme leaves
• 4 tablespoons unsalted butter at room temperature, divided
• 4 tablespoons all-purpose flour
• 1/2 pound pearl onions (fresh or frozen), diced
• 1/2 pound fresh mushrooms, quartered