Is inflation finally cooling off?

Mike Armstrong and Marc Fandetti react to the CPI report that shows inflation is at its lowest level in two years. How will the Fed respond to the CPI report and will the desired rate-hike pause come to fruition? Marc details why markets could continue to go up and why they might come back down. China's inflation problem might become the worlds inflation problem if the country doesn't get things figured out quickly. How does China's inflation impact the US?