Tag: american consumers

Activity, Trading

Trump tariff delay is a nod to the U.S. consumer — the only engine powering the global economy

August 15, 2019

Via: Market Watch

The Trump Administration gave markets an early Christmas present, when it announced Tuesday that it will delay planned tariffs on a subset of the $300 billion in imports that had been announced Aug 1. While the news caused stock markets […]

Capital and Risk, Macroeconomic

Bank of America CEO: US consumer ‘very strong’ even as world economy sees ‘synchronized slowdown’

January 22, 2019


Bank of America Chairman and CEO Brian Moynihan told CNBC on Tuesday the American consumer remains confident despite headwinds in the United States and around the world. “We think the consumer is very strong right now,” Moynihan said on “Squawk […]

Capital and Risk, Credit

One sure-fire prediction for 2018: Americans will take on even more debt

December 18, 2017

Via: Market Watch

Perhaps Americans should add “paying off debt” to their New Year’s resolution lists. This year marked an unwelcome milestone for consumers, with credit card debt reaching a new high. As of June 2017, Americans owe a record $1 trillion on […]