Yeah City still favourites for me.
Arsenal have a reputation for fading away after good runs and especially over Christmas/New year when the fixtures come thick and fast and they start getting injuries. Their squad is paper thin, only their midfield has decent squad cover, up front and in defence they are woefully lacking in quality when you look past their starting XI. Plus, as stated, they have had a pretty easy run in compared to everyone else.
If Giroud is out for more than 2 weeks at any point this season then they are screwed.
City have the best squad all over. Their away performances have been a little suspect and their defence needs work, but they could easily go on a 10-15 game unbeaten streak and pull it back.
Chelsea, well our squad is pretty decent for the most part but by no means perfect, and we have been a little inconsistent and keep going behind in games and having to pull it back. making it hard for ourselves really. Still think they we are best placed to challenge City though, and if City do not win it, I cannot see any other team than us winning it.