The bears talk China’s manipulated currency

The latest Consumer Price Index (CPI) report shows that inflation is at its swiftest pace in over a year, with a 0.6% month-over-month increase and a 3.7% year-over-year rise.

The current spread levels in the U.S. credit market are not unusual, as there have been previous periods when corporates have traded at similar or even lower levels.

The U.S. economy has not entered a recession despite the inverted yield curve, which historically predicted recessions, and this may be due to the relatively solid labor market setting