In a small bowl, combine the salt and pepper, arrowroot powder, and beef. Toss to coat.
1 lb stew beef, 2 tbsp arrowroot powder, salt and pepper
Pour the beef broth and vegetable juice in the bottom of the inner pot.
2 cups beef broth, 1 cup tomato-based vegetable juice
Add the beef and other ingredients to the Instant Pot (do not stir).
1 cup onion, 5 cups carrots, 4 cups potatoes, 1/2 tsp smoked paprika, 1/2 tsp dried tarragon, 1 bay leaf
Lock the lid into place and set the steam release handle (valve on top) to “Sealing”. Press Manual>High Pressure>22 minutes.
When the Instant Pot has finished cooking, allow it to sit for 10 minutes (this is called a natural release).
If the pressure indicator is still up, flip the vent to “venting” to remove any remaining pressure.
Notes
You can make this beef stew in a slow cooker. Put all the ingredients in your slow cooker and set it to low for 8 hours.The liquid will not cover the ingredients before cooking. Don't worry, your stew will not dry out. It's going to be awesome. Like you!