American Express CEO says spending is strong, delinquencies are down from 2019
Publishing timestamp: 2024-01-19 15:23:47
Summary
American Express CEO Stephen Squeri discusses good consumer spending during the holidays and strong overall health for U.S. spending. Delinquency rates are lower than in 2019. However, there are concerns about persistent inflation and caution from other CEOs about the U.S. economy.
Sentiment: MIXED
Keywords: jamie dimon, economy, david solomon, american express co, business, banks, business news, goldman sachs group inc, personal finance, jpmorgan drn, breaking news: economy,