Inflation Like The Market, Does Not Fall Vertically

<p>"We should be skeptical of China Manufacturing Data. The numbers were good, but if you break them down, they were inventory builds. China is either expecting massive industrial and consumer demand or it is not sustainable. German CPI is pushing the ECB. If you think inflation is falling, you will get a surprise. Inflation acts like the market and does not fall in a straight line," says Bob Iaccino.</p>