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Credit card trends not signaling U.S. recession

Contributor

Credit card trends not signaling U.S. recession

Credit card trends aren't signaling a U.S. recession, analysts assure

 

" November data reported by credit card issuers like American Express Co. and Capital One Financial Corp. may soothe some concerns about an impending recession and credit deterioration, analysts said."

 

Which equates to: "Absolutely Guaranteed Stock Market Crash in 2019!" (lol...I think?)

Lowly turtle of the myFICO community.Bank-Issued Mastercard $2,000Bank-Issued Visa $6,500In the lab until January 2020
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Frequent Contributor

Re: Credit card trends not signaling U.S. recession

Because "it's different this time because..."?
2017-09-09 FICO 08: EQ 677, TU 640, EX 705
2018-06-16 FICO 08: EQ 688, TU 718, EX 718
2018-11-17 FICO 08: EX 725
2018-11-07 FICO 08: TU 730
Gardening again until... March/April 2019(I want a RAV4)
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