The bears talk China’s manipulated currency

Stocks bounced at the start of the week ahead of the release of the twin inflation reports.

Not all bonds are in a tail spin.

The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has more work to do to tame price increases in the sticky services components which will likely require further slowing in the labor market. Wage pressures remain strong driven by a tight labor market and consumption is slowing while GDP growth is easing.