Economists may be on recession watch, but American Express (AXP) CEO Stephen Squeri says he still isn’t seeing spending trends that would suggest a downturn is in the cards.
“We aren’t seeing recessionary signals,” Squeri told Yahoo Finance moments after the card giant’s fourth-quarter earnings hit the wires.
AmEx saw fourth-quarter sales at its U.S. consumer services and commercial segments rise 23% and 15%, respectively. The credit card giant guided to full-year sales growth of 15% to 17%….
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