Netflix Earnings Tonight — but the Market’s Stuck in Macro Silence
No CPI. No jobs data. No FOMC talk.
The only real signal this week comes from corporate earnings
With the U.S. government partially shut down, even the usual macro data flow has paused
So now, earnings are the new macro
Netflix reports in a few hours — and while it’s “just” one company, it often sets the tone for broader sentiment, especially with Big Tech leading risk assets
Here’s what matters:
→ Strong subscriber growth and resilient spending = risk-on signal
→ A miss = reminder of how fragile consumer demand really is
Why should crypto care?
Because in the absence of economic data, liquidity and risk perception move together — and crypto still trades as the high-beta version of tech stocks.
No CPI. No NFP. Just earnings and emotions
