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 November 10th, and I'm your host, Kim Con.

Inflation is back in the spotlight this week, with the latest retail price

numbers coming on Wednesday. The October Consumer Price Index is expected to have risen 0.2%

on the month, which could nudge up the annual rate to 2.5%, or keep it at 2.4, depending on the

rounding. The core CPI, which excludes food and energy, is predicted to have risen 0.3%, with the annual

rate still at 3.3%.

Wells Fargo economists say a number of upside risks remain in the near and medium term, including

a pullback in labor supply, de-globalization's impact on import prices, the potential for

worsening conflict in the Middle East, and still strong demand.

Many of the policies proposed by President-elect Donald Trump on the campaign trail

are likely to contribute to these pressures and extend the journey back to the Fed's target,

if not lead to a re-acceleration in price growth over the next year or so.

Society General Chief economist Stephen Gallagher says,

leading up to the September FONC meeting,

Fed officials advocated for front-loading rate cuts with the goal of transitioning monetary policy

from its mildly restricted position to a neutral stance.

The shift in policy position is driven by the desire to achieve inflation goals or instill confidence in reaching those goals soon.

However, the inflation data, particularly for CPIP.I has been less convincing, and the robust

economic indicators further raise doubts.

The strong and expected economic evidence suggests that maintaining a somewhat restricted monetary

...