Watching credit card companies closely.
If economic growth slows in Q3 because of fiscal and political uncertainty, access to credit could become even more important for consumers and businesses managing cash flow.
The interesting part: many card issuers are still competing with new offers and incentives. That doesn’t automatically mean the economy is getting stronger it could also reflect competition for high-quality borrowers.
Credit isn’t income. It’s liquidity.
The question I’m watching: Will consumer credit continue supporting spending, or will tighter financial conditions eventually slow demand?
If economic growth slows in Q3 because of fiscal and political uncertainty, access to credit could become even more important for consumers and businesses managing cash flow.
The interesting part: many card issuers are still competing with new offers and incentives. That doesn’t automatically mean the economy is getting stronger it could also reflect competition for high-quality borrowers.
Credit isn’t income. It’s liquidity.
The question I’m watching: Will consumer credit continue supporting spending, or will tighter financial conditions eventually slow demand?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.