So many conflicting signals, so little time to figure it all out. More on this and what else to know in markets on Monday, January 30, 2023.
American Express, one of the world's top credit card companies, has also long been a favorite of Berkshire Hathaway CEO Warren Buffett.
By the looks of American Express' (NYSE: AXP) fourth-quarter results, you would never know that many people are speculating that the U.S. is on the brink of a recession. The integrated payments and credit card company is firing on all cylinders as it benefits from a resilient customer base. "We aren't seeing recessionary signals," said American Express CEO Stephen Squeri to Yahoo!