‘We aren’t seeing recessionary signals’

‘We aren’t seeing recessionary signals’

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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