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Banks, Netflix, and Bitcoin—Why This Week Could Reshape the Market Narrative

July 14, 2025

Banks, Netflix, Inflation, and Bitcoin—Why This Week Could Reshape the Market Narrative

Earnings season kicks into gear and CPI takes center stage, all while D.C. debates the future of stablecoins.

👋Hello and Happy Monday! 🌅 

Here’s what’s on deck this week:

Big bank earnings, Netflix stats, and inflation vibes incoming.

🏦Earnings season picks up steam this week with updates from the financial heavyweights—JPMorgan, Wells Fargo, Morgan Stanley, and Goldman Sachs are all set to report. But Wall Street won’t be watching just the banks: TSMC, Netflix, Johnson & Johnson, and Novartis are also dropping results.

📊 On the macro front, June CPI and retail sales data will give us a fresh read on inflation and consumer spending. Plus, keep an ear out for Fed commentary from Gov. Michelle Bowman and NY Fed President John Williams.

🪙In the world of crypto, Capitol Hill is going full degen for “Crypto Week,” a self-declared sprint of legislation focused on digital assets.

Let’s dive in.💦💦

Click here 👈to learn more about our charts.

Big banks are stepping into the earnings spotlight this week, with JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley all set to report. Last quarter they mostly beat expectations but kept the vibes cautious—expect more of the same.

Elsewhere, the CPI report drops this week, giving investors fresh inflation data to chew on, especially with tariffs back in the mix. Retail sales (out Thursday) might show whether shoppers are still revenge-spending or finally cooling off.

Also on deck? Netflix earnings and Taiwan Semi’s results—two big reads on tech and consumer behavior.

Stocks ended last week just shy of record highs, while Bitcoin flexed into this week’s “Crypto Week” in D.C. Stay tuned.

The implied (expected) move for the S&P this week has cooled off to the lowest in a while—which basically screams complacency from traders. But with CPI, retail sales, and earnings season all hitting the tape, that laid-back vibe might not last.

If there were ever a moment for the bears to wake up from hibernation, this could be it. Will they finally show up? Or will the bulls keep cruising? Stay tuned.

Click here 👈to learn more about our charts.

Monday

  • Key Earnings: Fastenal

Tuesday

  • Consumer Price Index (June)

  • Fed Representatives Speaking: Dallas Fed President Lorie Logan, Federal Reserve Gov. Michelle Bowman, Federal Reserve Gov. Michael Barr

  • Key Earnings: JPMorgan Chase, Wells Fargo, BlackRock, Citigroup, Bank of New York Mellon, State Street, Ericsson, J.B. Hunt Transport, Albertsons Cos.

  • More Data to Watch: Empire State Manufacturing (July)

Wednesday

  • Producer Price Index (PPI) (June)

  • Fed Speakers: New York Fed President John Williams

  • Key Earnings: Johnson & Johnson, Bank of America, Morgan Stanley, Goldman Sachs, Progressive, United Airlines, Alcoa

  • More Data to Watch: Industrial production & capacity utilization (June), Federal Reserve Beige Book

Thursday

  • U.S. retail sales (June)

  • Key Earnings: TSMC, Netflix, GE Aerospace, Novartis, Abbott Laboratories, PepsiCo, Travelers

  • More Data to Watch: Initial jobless claims (Week ending July 12), Import/export price index (June), Philadelphia Fed manufacturing (July), Business inventory (May), Home builder confidence index (July)

Friday

  • Housing starts (June)

  • Key Earnings: American Express, 3M, Truist Financial

  • More Data to Watch: Housing starts (June), Consumer sentiment - preliminary (July)

Crypto Takes the Hill

This week, Capitol Hill is going full degen for “Crypto Week,” a self-declared sprint of legislation focused on digital assets. The headliner? A House vote on the GENIUS Act, a bill that would let private companies issue their own stablecoins—aka crypto tied to the good ol’ US dollar. If passed, issuers would need to keep a 1:1 cash reserve backing every coin.

That’s got corporate America watching closely: both Walmart and Amazon are reportedly toying with launching their own stablecoins to dodge hefty credit card fees from Visa and Mastercard. Could your next grocery haul be paid for in $WMTcoin? Never say never.

The Senate already passed the GENIUS Act 68–30, so if the House gives it the thumbs up, it’s headed to President Trump’s desk. He’s hyped—already calling it a move to make America the "UNDISPUTED Leader in Digital Assets" on Truth Social. (Also, he has a stake in a stablecoin project, so take that as you will.)

Also on the docket: the Digital Asset Market Clarity Act, backed by Coinbase, which would finally clarify whether the SEC or CFTC is crypto’s main referee. Oh, and the CBDC Anti-Surveillance State Act—a bill to block the Fed from launching its own digital dollar.

Meanwhile, Bitcoin is back in beast mode, breaking above $120,000 this morning.

🇪🇺 EU delaying retaliatory tariffs on U.S. over Trump’s trade moves: The EU is hitting the pause button on retaliatory tariffs against the U.S., hoping that diplomacy can work its magic before things get spicy. Officials say they’re “watching closely,” which is code for “we’re annoyed but trying to look calm.” For now, brie and bourbon can breathe easy. Read more

📈 June CPI report forecasts show inflation ticking higher as tariff impact emerges: Inflation is creeping back up, and economists are eyeing tariffs like they're the uninvited guest who brought chaos to the cookout. Forecasts suggest prices may rise just enough to keep the Fed sweating through its spreadsheets. Blame it on global trade drama and your next $8 box of cereal. Read more

🚀 Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI: SpaceX is considering a $2 billion boost to xAI, Elon Musk’s latest quest to build an AI smarter than your average billionaire. The potential investment could make xAI the brainy sidekick to Musk’s rocket empire. It’s all fun and games until the AI starts critiquing your launch schedule. Read more

💥 Powell on the hot seat again as Trump feud heats up: Investors may be underestimating the odds that Trump gives Fed Chair Jerome Powell the boot in a second term, especially with rate cuts and ego clashes looming. Powell’s policies have clashed with Trump’s economic vibes harder than oil and oat milk. Traders might want to start pricing in a little more drama. Read more

💸 Bond traders cast doubt on September rate cut: Bond traders are throwing shade at the idea of a Fed rate cut in September, with inflation still playing hard to get. Market signals show growing skepticism that Jerome Powell will blink just yet. Basically, the bond market is saying “not so fast” to Wall Street’s wishful thinking. Read more

On average, the S&P 500 has started each week rather sluggishly in 2025. This has been followed by better gains through Wednesday, before weakness returns in the tail-end of the week.

Below is our curated list of top value-added insights that uncover what’s happening way beyond the usual financial media headlines.

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