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US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocks
Major Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backed by a healthy labour market and wage growth. While inflation, higher borrowing costs and geopolitical tensions remain risks, lenders say consumer finances have held up well so far.
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economictimes.indiatimes.com
US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocks
Major Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backed by a healthy labour market and wage…
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washingtonexaminer.com
Bank earnings reports show economy is running resilient
Earnings reports by banks indicate that the economy remains in good health, with business and consumer spending in strong shape.