Netflix Ads & The Big Bank Barometer: Hotter Economy Ahead? 7/14/22
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 14 July 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bring in show music please. |
| 0:03.0 | Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pot. |
| 0:08.0 | Inflation Emotions, Polster Frank Luns and the frustrations of American spenders on record high prices. |
| 0:15.0 | This is what happens when you tell people that things are getting better and they know through their own experiences that they're not. |
| 0:22.0 | And a cheaper Netflix is on deck, but it'll still cost you. |
| 0:26.0 | Sarah Fisher from Maxios. When Netflix launched its streaming service, |
| 0:30.0 | there wasn't a sophisticated streaming advertising product out there. |
| 0:33.6 | Fast forward to 2022, streaming advertising really is mainstream. |
| 0:38.6 | Plus a rare earnings surprise from America's biggest bank, |
| 0:42.0 | JP Morgan's 28% profit drop and hedge against future |
| 0:45.9 | loan loss. |
| 0:46.9 | Is this the canary in the consumer coal mine? |
| 0:49.4 | C. NBC's Dom Chu. |
| 0:50.4 | We use J.P. Morgan Chase as a precedent setter right because it's typically one of the first |
| 0:54.4 | of the bigger banks to report. The issue is now whether it becomes trend-like. |
| 0:58.4 | It's Thursday, July 14th, 2022. Squack Pod begins right now. |
| 1:03.7 | Today on the podcast, we'll start with inflation, yeah, at four decade highs. |
| 1:15.3 | We're looking not just at the headline numbers, but how it's making people feel. |
| 1:20.5 | Here's Morton Sloane, fourth generation grocer from the Morton Williams chain of supermarkets in New York City. |
| 1:25.6 | There have been waves of increases. |
| 1:27.6 | There's another one going on right now, and I hear the prices that we ourselves have to charge for things and I'm stunned by them. |
| 1:36.6 | I'm shocked by them. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

