The bears talk China’s manipulated currency

Demand for corporate debt remains ravenous despite negative rates

Short sellers are upping their bets against stocks, which may help fuel another market rally.

Monday was the worst day for the S&P 500 and the Dow in nearly two years. But initial jobless claims fell less than expected—a positive sign for the labor markets— which quieted some of the recession talk. Also, as the week progressed, there was growing speculation that the July jobs report was more of an outlier than a lead indicator of a pending recession.