American Express (AXP) CEO Stephen Squeri has a message for investors sending the stock lower on Friday following the company’s third-quarter earnings release: Read the release again.
“We’re not seeing any changes in consumer spending,” Squeri told Yahoo Finance. “We have strong credit quality.”
The CEO also addressed concerns about a business slowdown should a recession materialize.
“If anything changes, we have plans in place to pivot,” Squeri added. “If I didn’t say that, you would think I…
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