Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's market moving events,

along with the weekend's top news and analysis.

Hello, today is Sunday, September 29th, and I'm your host, Kim Khan.

This week asks a tough question about what the stock market cares about, the economy or corporate earnings. With the cool inflation data from the core PCE index on Friday and no October Fed meaning,

investors may be digging into earnings as thin as they are. Right now the market is pricing

in a little more than a 50% chance that the Fed cuts rates by 50 basis points again in November.

But, with more inflation data and jobs data coming for the decision, the FOMC can afford to buy its time.

Clark Bellin of Bell Weather Wealth says Friday's core PCE print was yet another data point showing

that there is no need for interest rates to be so much

higher than the rate of inflation.

Many investors may still be holding too much cash thanks to attractive yields on money

markets over the past few years.

But as the Fed cuts rates, we believe it's important for investors to think about a strategy

for how to redeploy that cash into the markets over time. The jobs report hits Friday with economists

expecting that non-farm payrolls rose by 144,000 in September. The

unemployment rate is expected to say at 4.2% with average hourly earnings

rising 0.3% for the month. While the labor market has been a main concern

about the health of the economy, the Fed decided to come out swinging

with a half-point cut to start the easing cycle of force an opportunity to look at

corporate earnings. And while earning season is still a week away, there were

important numbers from Nike ahead,

and investors will pay attention to the goddess of victory.

...