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, January 26th, and I'm your host Kim Kahn.

Let's get ready to rumble.

Our main event this week, macro versus mega caps.

In this corner, out of Washington, D.C., weighing in at $6.83 trillion on the balance sheet,

it's been known as the defenestration of inflation and is led by Jerome wasn't built

in a day, Powell, your Federal Reserve. And in the opposite corner, hailing from Silicon Valley,

Seattle and Texas, they weigh in at $9.59 trillion in market cap. They are four parts of the

magnificent seven, two-thirds of the big six, and have also been called the death of breadth, Apple, Microsoft,

meta, and Tesla. So let's start with the Fed. The FMC announces its rate decision on Wednesday.

On the face of it, it should be the most boring Fed day since lockdown. Easing looks to be on hold,

and the market is pricing in a near certainty of no move. There's also no dot plot. Chairman Powell

will likely continue his message that the committee can be data dependent. Right now, the odds are for the

next quarter point cut in June. Governor Christopher Waller said last week, we need to see a little more

progress on inflation. This month was good, but we need to make sure we get through the turn of the

year to make sure it continues.

We have to wait and see. I don't think March could be completely ruled out depending on what the data does.

But the Q&A session could be a barn burner if the press corps focuses on Powell's relationship with President Donald Trump this time around.

Meet the new boss, same as the old boss, and pretty much the same

feud. While Trump has said before that he wouldn't try and remove Powell from the Fed, last week he said

he wants interest rates to drop immediately, and that he would talk to Powell about it, and then he

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