Charles Schwab's Liz Ann Sonders says we have not "put the inflation genie back in the bottle by any means." She highlights core PCE, GDP, and PMI data this week as candidates set to move the stock and bond markets. As she says, "it certainly has potential" to change the Fed's interest rate path. Kevin Gordon tells investors to consider Fed commentary suggesting a clearer rate hiking cycle due to the global energy supply shocks. He then turns to the key economic data he's watching this week and ways it can impact the incoming earnings season.