Jamie Dimon says he wouldn't buy stocks or long-dated Treasurys at current levels, warning that investors are underestimating global threats. It's a stark call from the head of the biggest US bank.
financeTuesday, July 21, 2026
Dimon warns, Alphabet rallies on AI chip
JPMorgan's Jamie Dimon told investors to brace for more pain, while Alphabet's new energy-efficient AI chip gave tech a lift. The day's stories split between macro caution and micro bright spots, with crypto regulation and household debt trends also in focus.
Dimon's caution
The CEO of the biggest US bank poured cold water on risk assets, while markets elsewhere found reasons to rally.
Alphabet shares rose 2.8% on news of a new internal AI chip called 'Frozen v2' that promises up to 10x energy efficiency. The gain added billions to the net worths of co-founders Page and Brin.
AMC shares surged 26.8% after a surprise Q2 profit and 14% revenue growth, driven by a strong box office quarter. The cinema chain is showing signs of life after a brutal year.
Crypto and regulation
Stablecoin projects advanced in Asia and the US, while a political scandal in the UK tied crypto to a right-wing figure.
Standard Chartered is leading a venture to launch HKDAP, a Hong Kong dollar-pegged stablecoin, with rollout expected by end of July. It's a rare move by a major traditional bank into stablecoin issuance.
Wages and debt
Two data points challenged stereotypes: UK employers are stingy with pay, and Europe's most indebted households aren't where you'd expect.
Only 22% of UK employers plan above-inflation pay rises this year, according to a Work Foundation survey, suggesting renewed cost-of-living pressure for workers.
Also today14
Featuring Trump on US coins and bills would put America in rare companytheconversation.com
Sen. Kirsten Gillibrand Wants to Save Crypto — But Trump Windfall Is a Political Obstacletheintercept.com
Could a Talking Trash Can Defeat the UK’s Far Right Politician Nigel Farage?truthout.org
Netflix Has Plummeted Over the Past Year and Just Dropped Again on Earnings. At 22 Times Profits, Is It a Buy?www.fool.com
Simon Calder warns holidaymakers 'you are going to be ripped off' ahead of 'summer rush'www.mirror.co.uk
Japan's Nikkei rallies after steep decline as focus turns to tech resultswww.channelnewsasia.com
Amazon Japan distributor AZ-Com Maruwa to adopt yen stablecoin JPYC for paymentswww.coindesk.com
Japanese logistics firm AZ-COM Maruwa Holdings, which counts Amazon Japan as a client, plans to adopt the regulated yen stablecoin JPYC for payments to its network of approximately 2,300 business partners, including subcontractors and independent truck drivers. The move aims to a
Where are Europe's households most indebted? Not where you would thinkwww.euronews.com
Eurostat data reveals that the most indebted households in the European Union are in wealthy northern countries like Luxembourg, the Netherlands, and Denmark, not in southern European economies typically stereotyped as fiscally irresponsible. EU household debt stood at 49.4% of G
Crypto Week Aheadwww.coindesk.com
A brief weekly preview of upcoming crypto regulatory events in Washington D.C., including a House Financial Services subcommittee hearing on FinCEN oversight, the OCC's comment period closing on GENIUS Act rules for stablecoin issuers, and the CFTC's comment window closing on 24/
The Hobbit Box Toppers Showcase $29 Mana Dork Reprintmtgrocks.com
The Hobbit spoiler season is officially here, and so far, the set looks like a blast. Unsurprisingly, the main set features a lot of exciting new goodies, but there are also plenty of spicy reprints to look forward to. The first round of box toppers revealed showcased some pricy
Strengthening BRSR for climate transition plan disclosures in Indiaieefa.org
Strengthening BRSR for climate transition plan disclosures in India amanocha.ieefa Tue, 07/21/2026 - 09:00 Briefing Note Decarbonization Climate Finance India South Asia Corporate_climate_transition.jpg Shantanu Srivastava Shantanu Srivastava is responsible for leading the sustai
How Global Macro Hedge Funds Trade Currenciespiptheory.com
Global macro hedge funds trade currencies by analysing central bank policy, rate differentials, growth divergence, and positioning — then expressing those views through spot FX, forwards, futures, and options. Here's how the process works from thesis to trade.
Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Computebitrss.com
Hut 8 has signed a second 15-year lease for 352 megawatts of AI capacity at its Beacon Point campus in Texas. The deal doubles the tenant’s commitment and highlights a wider shift by bitcoin miners toward long-term data center...
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