Netflix Ads & The Big Bank Barometer: Hotter Economy Ahead? 7/14/22

Description: Hot summer weather, hot inflation data, gloomy Americans? Pollster and political strategist Frank Luntz says higher prices are frustrating both American consumers and CEOs. The first round of earnings is out, but the big banks have so far delivered lackluster reports. JPMorgan CEO Jamie Dimon is warning of a troubled road ahead for the American economy, and CNBC’s Dom Chu considers whether these results set a gloomy financial precedent for those still to come. Plus, Netflix and Microsoft have teamed up to deliver a lower-cost, ad-supported subscription to streamers. Axios reporter Sara Fischer says that Netflix is keeping up with the media Joneses.