Soaring AmEx Bad Loan Provisions Confirm Rot Spreading To Upper-Income Consumers
Oct 23rd 2022 9:33pm EDT
Soaring AmEx Bad Loan Provisions Confirm Rot Spreading To Upper-Income Consumers Investors may have been ok with banks reporting a jump in bad loan provisions, but when it comes to credit card companies, they are in full-blown “Death Con 3” mode. On Friday, American Express – which traditionally targets the upper classes of US society […]
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