1. Wall Street is trying to build on its comeback after the S&P 500 last Monday had its worst session in nearly two years. Inflation data is key to the market this week. In my Sunday column, I wrote that the market on paper should be great, and not on edge, with the Fed ready to cut interest rates. We’ll explore the market’s disconnect further at noon ET on Wednesday, when we hold our August Monthly Meeting for Investing Club members. We executed lots of trades last week and will be looking for places to put cash to work this week.
2. Club holding Disneyover the weekend offered fresh details on its plan to invest $60 billion in its experiences division over the next decade. The announcements, which included four new cruise ships, came just a few days after Disney earnings were hurt by demand problems at its profit-engine theme parks. Perhaps the company was …