Next week will bring more earnings reports, including the start of some retail names like Walmart Inc. (NYSE: WMT) and TJX Companies Inc. (NYSE: TJX). Hughes explains why inflation remains a threat to earnings and until that narrative can be disproved, the broader market may be range bound as the S&P 500 continues to find strong resistance. Articles by Sam Quirke Before the PPI data took away the punch bowl, markets were cheering a strong retail sales number that showed consumers were resilient in the face of sticky inflation.